You are here

Hedge funds that shorted sterling make gains

Wednesday, June 29, 2016 - 05:50

Tokyo

AS the market reeled from a historic jolt last Friday that sent the pound to a three-decade low and reverberated across global markets, some hedge fund managers were racking up gains.

The GCI Systematic Macro Fund surged 10.5 per cent on Friday, thanks in part to a short bet

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom