Two billionaire ‘hedgies’,Crispin Odey and Michael Hintze, hold backed the out campaigns in EU referendumHedge funds like the sort of stock market volatility predicted this week by a US investment bank. Morgan Stanley claimed that whether the UK votes to come out of the European Union, or shares in the FTSE 100 could underperform by 20%. In the hedge fund industry based in London’s Mayfair,that prospect has profit potential. Continue reading...
Source: theguardian.com