Summary
LONDON (Reuters) - Hedge fund GLC said equities are its preferred bet in light of recent moves by central banks and governments to limit currency appreciation.
"It's a tricky period," Steven Bell, co-manager of the $485 million GLC Global Macro fund, told Reuters. "We think it's more attractive to be just long equities outright. We prefer to buy equities because of the risk of capital controls.See the full content of this document
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Glc Upbeat On Chinese Equities, Swedish Crown
"Central banks outside the U.S. have been moving together and taking aggressive steps to weaken their currencies. A lot of that ...
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