Bloomberg:
"Trillions of dollars have been wiped from global equity values since Britons voted to secede from the EU, raising concern that an already-fragile global economic recovery will falter.
Managed futures funds have stood out, benefiting as the so-called Brexit magnified existing market trends, including the decline of the pound and the rally in safe-haven assets from bonds and gold to the Japanese yen."
- Bloomberg “In Brexit Rout, Managed Futures Funds Emerge as Big Winners” 6/27/16