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Has Invesco's Hedge Against The Pound Kept It Protected From Brexit?
Monday, July 11, 2016 - 10:06am | 510Shares of Invesco Ltd. (NYSE: IVZ) have been hit by the Brexit vote due to its exposure to the country. But, the investment management firm's strategy to hedge against falling pound helped it to avoid more losses. On June 23, Britons voted to leave the EU, triggering a sell-off in the pound and...