How hedge dollars made thousands and thousands having a bet on Brexit

Nigel Farage speaks all through a Republican presidential nominee Donald Trump campaign rally in Jackson Thomson Reuters

Hedge money aiming to pick large cash from the Brexit vote in 2016 employed important polling companies and purchased vote casting information earlier than public liberate to be able to cash in on the adventure, in response to a jadwal sepak bola dunia hari ini investigation.

The counsel that the pollsters offered gave some hedge cash a demonstration of the go away vote ahead of time, placing them within the superb place to take advantage of market turmoil and a falling pound, in response to the document.

Polling agencies that sold facts included YouGov, Survation, ICM, BMG and ComRes, with as a minimum a dozen hedge money purchasing the unique or syndicated polling records, suggested.

Hedge funds involved covered Rokos Capital administration, which revamped $a hundred million, or three% of its entire cost, in a single day. additionally blanketed was Brevan Howard, which made $one hundred sixty million within the hours after the vote closed, as well as Capstone investment Advisors and Odey Asset administration.


noted that while some practices fell into a criminal.”gray enviornment,” it’s certainly unlawful for polling groups to provide early liberate records to the general public, and the hedge cash paid for the information privately.

Pollsters also profited from the day with YouGov, for example, promoting a non-public exit poll to one hedge fund for $1 million, a source informed .


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