Odey Asset Management’s James Hanbury Nets £110m on Brexit Trade: Mail Online

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5193
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Odey Asset Management’s James Hanbury Nets £110m on Brexit Trade: Mail Online

Postby kreslik.news » Wed Jun 29, 2016 5:36 pm


The fund manager of Odey Asset Management, James Hanbury, has reportedly made a profit of £110 million betting against the Great British Pound (GBP) ahead of the UK’s EU Referendum vote, according to coverage by Mail Online.

Odey Asset Management is a UK-based firm that oversees funds with over $10b in assets, and Mr. Hanbury – a borderline millennial at the age of 36 – had carried out a survey which showed sentiment towards the Remain campaign leading by a slight margin. Yet, he decided to take a contrarian position anyway.

Despite the consensus he obtained from the private poll, he speculated ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”