This translation has been automatically generated and has not been verified for accuracy.The New York hedge fund manager, seasoned by past financial crises and spooked by seemingly endless quarters of ever-higher markets, had for years set up for financial calamity, even if it meant sometimes poor returns.
“I certainly did not expect it to come from a virus, but I have had the conviction – for a long time – that investors needed to be ready for an extreme market decline,” Weinstein wrote in the letter that was sent to investors on Sunday.Saba is among a small group of firms that have scored major returns for clients in recent weeks through so-called tail risk products.
“This has been a great period for us and our clients,” Universa chief investment officer Mark Spitznagel said via a spokesman, who declined to comment on performance.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Federal Reserve moves to backstop funding for companies as coronavirus fallout spreadsAs the Fed and other U.S. officials continued fine-tuning their crisis response and debating further steps to support the economy, the central bank said it would reopen the so-called Commercial Paper Funding Facility globebusiness What does that mean even
La source: globeandmail - 🏆 5. / 92 Lire la suite »
Coronavirus uncertainty casts a pall on the March housing marketCOVID-19 fears have sellers, buyers and developers questioning their strategies Well duh! The housing bubble is so far out of control anyway, it actually needs a correction. Those who've overstretched are going to be hit bad, but hey maybe my children will actually be able to afford to buy something in the next couple of years. What bubble? Interest rates are going to be below 1%.
La source: globeandmail - 🏆 5. / 92 Lire la suite »
U.S housing market shows strength before coronavirus outbreakU.S housing market shows strength before coronavirus outbreak GlobeBusiness
La source: globeandmail - 🏆 5. / 92 Lire la suite »
Global stocks sink after Trump promises virus aidGlobal stock markets sank Wednesday in a third day of wild price swings after President Donald Trump promised aid to get the U.S. economy through the coronavirus outbreak. And Can’t hide how happy they are about this. Now about Canada......! It’s very very sickening to see anyone or the “news” happy with what is going on in the world and to make such far reaches with their “news stories” like they can associate Trump with the actions of others and their countries. come on we’re smarter than that Lol cause hes full of shit and everyone knows it.
La source: CTVNews - 🏆 1. / 99 Lire la suite »