Hedge funds “relatively prepared” for contested election result Submitted By Hugh Leask | 02/11/2020 - 5:45pm Some hedge fund managers fear that a contested outcome in tomorrow’s US presidential election, followed by a prolonged wrangle over the final result, may not be priced in to markets to the degree that it should be. Jim Neumann, partner and chief investment officer at Sussex Partners, suggested market sentiment – based on conversations with managers and opinion poll analyses – sees a Joe Biden victory as the likeliest outcome, followed next by a contested result.