FILE PHOTO: U.S. President-elect Donald Trump speaks at the America First Policy Institute (AFPI) gala at Mar-A-Lago in Palm Beach, Florida, U.S., November 14, 2024. REUTERS/Carlos Barria/File Photo
LONDON: Broad Reach Investment Management LLP is shorting major emerging-market currencies, saying investors haven’t yet fully priced in disruptions to come from President-elect Donald Trump’s tariff policies.
The US$1.8bil London-based hedge fund is shorting the Mexican peso, along with currencies in North Asia, the Middle East and Eastern Europe, chief executive officer Bradley Wickens said in an interview.
