{"id":54994,"date":"2016-10-27T10:57:25","date_gmt":"2016-10-27T14:57:25","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54994"},"modified":"2016-10-27T10:57:25","modified_gmt":"2016-10-27T14:57:25","slug":"this-hedge-funds-contrarian-pound-long-may-soon-find-company","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/10\/2016\/this-hedge-funds-contrarian-pound-long-may-soon-find-company.html","title":{"rendered":"This Hedge Fund’s Contrarian Pound Long May Soon Find Company"},"content":{"rendered":"

(Bloomberg) Macro hedge fund Harmonic Capital Partners LLP bought the pound about six weeks after the U.K.\u2019s June 23 vote to part ways with the European Union. The fund has lost money on this bet, but it\u2019s not about to give up now. Chief Investment Officer Patrik Safvenblad said Harmonic Capital is sticking to the position, which is held mostly against the euro, because it sees sterling\u2019s fair value as much higher than current levels. <\/p>\n

To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Bloomberg) Macro hedge fund Harmonic Capital Partners LLP bought the pound about six weeks after the U.K.\u2019s June 23 vote to part ways with the European Union. The fund has lost money on this bet, but it\u2019s not about to […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54994","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=54994"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54994\/revisions"}],"predecessor-version":[{"id":54995,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54994\/revisions\/54995"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}