Where do hedge funds stand on brexit and ukassets?

Lyxor
By November 28, 2017 13:16

Where do hedge funds stand on brexit and ukassets?

The weekly Brief

Risk aversion was rapidly overcome as Tech and Energy stocks rallied. Hedge funds were up, driven by the performance of Special Situations, CTAs and Macro funds. Most impacted last week, they fully recovered. Amid intensifying negotiations on Brexit, we assessed hedge funds’ views on UK assets. The sixth round of negotiations ended with limited progress. The EU and the UK have yet to agree on the exit terms before negotiating the future trade relationship. The multiple fractures in the UK (across political forces, business interests, regional powers) and the European hard-line suggest that uncertainty will last well into next year.

Lyxor
By November 28, 2017 13:16

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