Pound v dollar: How hedge funds benefit from a weaker sterling

Here's how hedge fund managers make money from shorting the British pound

Power Metal Resources plc (POW.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)

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1.5250

+0.0500

(+3.39%)

At close: 05:48PM BST

Major holders

Currency in GBp

46.64%	% of shares held by all insiders
0.10%	% of shares held by institutions
0.19%	% of float held by institutions
3	Number of institutions holding shares