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Hedge funds were bullish on the pound before mini-budget turmoil
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The pound's crash last week caused some hedge funds including BlueBay Asset Management and Crispin Odey of Odey Asset Management to cheer — saying they profited from the market turmoil.
But overall, the industry might have been caught flat-footed.
According to data from Chicago-based exchange CME and London research firm Macro Hive, overall...
Read more on fnlondon.comAbout this in other media
From NI to stamp duty: what is left of Kwasi Kwarteng’s mini-budget? theguardian.com /1 year ago
Mini-budget will not lead to promised growth, leading economists tell MPs theguardian.com /1 year ago
Nadhim Zahawi apologises for economic turmoil after mini-budget theguardian.com /1 year ago
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