Nomura Securities’ Takada on Pound, Hedge Funds' Stance on Stocks

The video discusses the positioning of hedge funds on the pound sterling, highlighting a potential shift from net short positions due to short covering. It examines the limited impact of Brexit on cross-asset markets, noting a cautious approach by hedge funds. The forecast for November suggests a cautious stance on global stock markets, with potential risks from US-China relations and political uncertainties. The video emphasizes the importance of market dynamics and hedge fund strategies in navigating these challenges.

How are hedge funds currently approaching the UK political situation and its market implications?

What are the expectations regarding the phase one agreement and its impact on global hedge funds?