Should you sell the British pound in 2023? Hedge fund Rokos believes so

The COVID-19 pandemic took some heat away from the British pound, given Brexit. But Brexit is one of the causes of further weakness for the pound, according to Rokos Capital Management, an alternative investment fund management firm with over $14 billion in AUM (i.e., Assets Under Management). Other reasons for the bearish outlook invoked by… Continue reading Should you sell the British pound in 2023? Hedge fund Rokos believes so

Singapore’s Temasek writes off $275 million FTX investment

Crypto news about FTX continue to dominate headlines, with the latest being from Temasek, a Singaporean sovereign wealth fund that says it’s written off its entire investment in bankrupt crypto exchange. The state-owned holding company, which announced this on Thursday, noted that the exposure to FTX via the investment accounted for a negligible percentage of… Continue reading Singapore’s Temasek writes off $275 million FTX investment