Hedge Funds Sense Profit in Europe Shocks After Brexit

Corrected
  • Investors position to benefit from second, third-order effects
  • Currency volatility seen climbing to levels in Lehman crisis

How Hedge Funds Are Weathering Brexit Risks

Hedge-fund managers are sensing opportunity. After enduring the worst first-quarter returns since the start of the financial crisis, the prospect of Britain voting to leave the European Union is creating the market turmoil that can make them money.

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