Funds Bide Their Time on Pound as Poll Failures Raw in Memory
Funds Bide Their Time on Pound as Poll Failures Raw in Memory 1(Bloomberg) — The U.K. election increasingly looks like a done deal but polling failures are fresh in the minds of investors. The cost of protecting against a large swing in the pound over the next two weeks until the election jumped Friday by the most since before the Brexit referendum in 2016. Fund managers from Vontobel Asset Management AG …
News story posted on 2019-11-30T08:47:00.0000000Z