EU
Brexit Might Spur Hexit
The decision of Britain to leave the EU has left uncertainty and confusion in its wake. This is especially true of financial firms, such as hedge funds, which rely heavily on the opportunities investing in the unified marketplace of Europe afford. A survey done by the research group Preqin tried to gauge the reaction of […]
Hedge Funds Disagree on Britain’s Remaining in the EU
Economist Savvas Savouri at London-based Toscafund Asset Management believes that the UK would be a “better place” if it disengaged itself from the European Union. Savouri wrote his opinion in a report called “Britain Stands Up—Better to Exit European Union.” The Toscafund analyst stated that “If the EU doesn’t want to reform we should leave […]
Chinese Economy Leads to Concern Among Hedge Funds
Though the eurozone crisis is far from over, hedge funds and analysts have begun shifting their attention to a different, looming disaster emanating from China as its economy starts to slide. The Emerging Sovereign Group, a $1 billion hedge fund, recently told its clients: “We have a gathering sense that the next act of this […]