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Big EU fund managers on collision course over the pound

Some are betting that BOE won't hike the rate after Thursday's increase, while others going the other way

London

SOME of Europe's biggest fund managers are set for a face-off on how best to trade the UK's first potential interest-rate increase in a decade.

Allianz Global Investors GmBH is looking to fade any rally in the pound or a slump in gilts, betting that the Bank of England won't

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