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Hedge Funds Ramp Up Bearish Sterling Bets on Andy Burnham Risk

Bloomberg Markets · May 18, 2026, 3:25 AM · Also reported by 3 other sources

Hedge funds and asset managers piled into bearish sterling option bets last week after Manchester Mayor Andy Burnham secured a pathway to potentially challenge for UK prime minister, raising fears of political instability and looser fiscal policy.

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Hedge Funds Ramp Up Bearish Sterling Bets on Andy Burnham Risk

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