Odey and Soros make big wins on Brexit vote

Back safe havens

Hedge funds, including prominent leave supporter Crispin Odey, have made millions from the UK's decision to leave the European Union after taking short equity positions and backing safe havens like gold ahead of the vote.

Britain voted to leave the European Union on Friday with a majority of 52% following a historic referendum. Sterling fell from $1.48 on the day before the referendum to $1.33 following the decision, the biggest one-day fall and the lowest sterling has traded against the dollar since 1985.   A number of hedge fund managers are reported to have made big profits during a volatile day's trading on Friday, and after many conducted their own polls on the day of the referendum. Odey (pictured), founder of Odey Asset Management, is reported to have gained £220m following his decision to sh...