Managers warned unhedged global bonds could see 'huge losses' if sterling rebounds

Pound hovering over $1.23 region amid Brexit fears

Anna Fedorova
clock • 3 min read

UK investors have been warned global bond funds that do not hedge their holdings back into sterling are exposing themselves to potential huge losses in the event sterling bounces back from its current lows, with many investment professionals agreeing the currency is undervalued.

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