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Dymon hedge fund tops peers by positioning on right side of Brexit

Dymon Asia Currency Value Fund is up 13% in H1 for investors using less leverage

The fund took a bearish bet on the pound against the US dollar in the lead-up to the Brexit vote.

Hong Kong

A TOP-PERFORMING hedge fund is sticking with wagers on a stronger yen and a weaker pound after the positions paid off following the UK referendum to leave the European Union.

The Dymon Asia Currency Value Fund jumped an estimated 4 per cent on the day the Brexit vote