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Hedge fund boss says UK should borrow to address ‘depressing’ growth outlook

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Andrew Law, the Chief Executive of long running macro hedge fund Caxton Associates, says the UK should look to borrowing to address the country’s ‘depressing’ growth outlook, according to a report in the Financial Times.

Andrew Law, the Chief Executive of long running macro hedge fund Caxton Associates, says the UK should look to borrowing to address the country’s ‘depressing’ growth outlook, according to a report in the Financial Times.

Any additional funding raised should then be used to finance “targeted investment” in specific projects that will help to improve productivity and growth.

Caxton, with USD11 billion in assets, made record gains in 2020 on the back of wagers on falling bond yields and gold trading.

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