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Hedge Funds Shorted the Pound. But the Crisis Hasn’t Produced a New Soros—Yet.

Por: MarketWatch Business October 07, 2022

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London-based FN, a sister publication of Barron’s, Odey and Blue Bay Asset Management, a fixed-income hedge fund owned by RBC, profited from the short. But FN suggests that more money was net long—betting the pound would rise, not fall. Odey said he thought Prime Minister Liz Truss’ unfunded spending plans are the wrong remedy Tory politicians called him unpatriotic, and Labourites wondered if short sellers had advance word of Truss’... + full article



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