Gold prices hit their lowest point since mid-2020 in the face of rising bond yields and a stronger dollar.
Hedge funds enjoyed strong gains in 2020 as risk markets swiftly rebounded on recovery hopes and unprecedented stimulus. The average fund returned 12.3% in 2020, the largest annual return since 2009, according to analytics firm HFM. The hedge-fund industry’s assets under management ballooned 7.7% to a record $US3.5 trillion. Sign […]
Mark Spitznagel, Universa Investments chief, told CNBC on Monday that tail-risk hedging, the fund’s risk-mitigation strategy that returned 4,144% in the first quarter, is generally “costly and a bad strategy.” Spitznagel cautioned at-home investors against using tail-risk hedging. Instead, they need to be “realistic about risk-mitigation strategy,” he said. He […]
RBC Capital Markets tracked long-only large-cap-fund holdings and analysed the stocks they were most overweight. The top growth funds are crowded into the tech, internet, media, and telecom industries. The group’s performance struggled in the first quarter, but has picked up in Q2. RBC has compiled a list of the […]
Schonfeld Strategic Advisors' chief...
State Street's pain has turned out to be...