Machines Lead Hedge Fund Traders in Brexit Chaos, Braga Wins

Updated on
  • Lynx Asset Management posted 5.1 percent gain on Friday
  • George Soros said he was ‘long’ sterling before vote

As more details emerged on how hedge funds fared following Britain’s surprise decision to leave the European Union, computer-driven hedge funds led the winners. Human traders appeared to have limited losses by reducing risk.

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