Aug
12
Hedge Fund Giant Splits With Morgan Stanley on Dollar Peak Call
By-
Man Group sees rally in U.S. currency continuing for now
- Greenback expected to gain especially against euro on trade
Don’t bet on the U.S. dollar rally ending any time soon, says the world’s largest publicly traded hedge fund.
While investment titans such as Morgan Stanley and State Street Corp. wager the greenback’s rally this year is just about finished, Man Group Plc reckons it may have further to go. The escalating trade war between the U.S. and China may only fuel the dollar’s strength, not stymie it, according to Guillermo Osses, head of emerging markets debt strategies at Man Group GLG, a unit of the fund…
Hedge Fund Giant Splits With Morgan Stanley on Dollar Peak Call