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The founder of one of Britain’s biggest hedge funds thinks the Bank of England is ’embarrassing’ itself by being too negative on Brexit

Mark Carney

  • Paul Marshall, cofounder of $34 billion UK hedge fund, Marshall Wace, accuses the Bank of England of anti-Brexit bias.
  • The Old Lady of Threadneedle Street’s forecasts since the vote have been “so far adrift as to be embarrassing,” Marshall wrote in the Financial Times.
  • Marshall was a major backer of the leave campaign during the run up to the referendum, and donated around £100,000 to the campaign.

LONDON — Paul Marshall, a cofounder of British hedge fund giant Marshall Wace has accused the Bank of England of being excessively negative about Brexit, and by doing so, says the central bank is at read more >>>

Source:: BusinessInsider.Com