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