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"Hedge-fund manager Crispin Odey, who had conducted a private poll ahead of the vote on the U.K.’s referendum on membership of the European Union, gained more than 15 percent in his flagship hedge fund on Friday, according to a person familiar with the situation.", www.bloomberg.com
"Here’s one way to do it. Bloomberg’s Will Wainewright reports that a London-based global-macro hedge fund manager conducted a private polling operation ahead of Brexit and, correctly, bet massively against the market based on his results. The flagship fund of Odey Asset Management, run by Crispin Odey, is reportedly climbing 15% on Friday. Gains were […]", blogs.barrons.com
"Marc Lasry, chairman and chief executive officer of hedge fund firm Avenue Capital Group, told Fox Business Network that the Federal Reserve is likely to hold interest rates steady after British voters’ decision to leave the European Union.", www.bloomberg.com
"NEW YORK/BOSTON: UK voters' surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance. Money managers were positioned relatively defensively coming into the vote, meaning they had reduced the amount of capital exposed to market turbulence, and even used the resulting sell-off as a buying opportunity, according to a report from Credit Suisse's prime bro", www.brecorder.com
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