Photographer: Chris Ratcliffe/Bloomberg

Brexit Bargains Scented by Asia’s Rich After Pound’s Plunge

  • Diggle seeks businesses that will benefit from sterling’s drop
  • UBS’s clients eye distressed property asset sales by funds

Stephen Diggle, whose Singapore-based hedge fund made a profit of $2.7 billion in the depths of the global financial crisis, plans to boost his family office’s investments in biotechnology companies in the U.K. after Brexit sent sterling tumbling to a 31-year low.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.