Advice From Fund Managers? Sell the Pound

World News: . []

Advice From Fund Managers? Sell the PoundSell the pound, avoid U.K. gilts and wait for Brexit progress. BlueBay Asset Management LLP is shorting the pound and gilts, while UBS Wealth Management is avoiding U.K. government debt and long-term pound bull Nomura International Plc has ended its buy recommendation on sterling. With Brexit talks between the Conservatives and opposition Labour dragging on and no sign of progress, the pound is one of the worst performers among Group-of-10 currencies in the past week.


Read More: LINK 

Published: .

Search for other references to "advice" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us