Two British Hedge Funds Out Of 67 Surveyed By Preqin May Leave Country

(Reuters) Two British hedge fund firms out of 67 surveyed by data provider Preqin are considering moving operations out of the country after the vote to leave the European Union on June 23. London plays host to $472 billion in hedge fund assets, almost 3.5 times the size of the total continental European hedge fund industry, said Preqin.

In the survey conducted between June 30 and July 4, 17 percent of hedge fund managers were unsure whether they would move operations while 80 percent did not anticipate moving.

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