Greg Coffey's Kirkoswald Asset Management has soared 29% year-to-date through October, according to Bloomberg, which cited an investor letter. That figure is 8 percentage points higher thanKirkoswald is a macro fund that makes bets on broad economic trends. The firm — which focuses on emerging markets — is outperforming peers this year that are struggling with historically low interest rates and a growing mountain of negative-yielding debt, Bloomberg found.
Further, the fund's returns are about five times the average of similar firms tracked by a Bloomberg Index. Coffey previously retired at 41 after being mentored by hedge fund legend Louis Bacon, who is planning to close his firm
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
WSJ News Exclusive | Bridgewater Bets Big on Market DropBridgewater Associates, the world’s largest hedge fund, has bet more than $1 billion that stock markets around the world will fall by March, said people familiar with the matter. They're probably right, I've never seen so many companies pushing their own credit cards (i.e Target), it sounds like the great depression all over again. Everyone is buying everything on credit. RemindMe_OfThis 4 months This is how hedge funds & big investors often make $$. Public bets, others jump on et voila it happens. Not because of facts. Because lemmings. What do you think EddyElfenbein?
Fuente: WSJ - 🏆 98. / 63 Leer más »
Bridgewater Associates bets over $1 billion on market drop: WSJBridgewater Associates LP, a hedge fund founded by billionaire Ray Dalio, has be...
Fuente: Reuters - 🏆 2. / 97 Leer más »
Renaissance Technologies hedge fund bests Warren Buffett: 10 holdings - Business InsiderThese are the 10 biggest holdings of Renaissance Technologies, the secretive $120 billion hedge fund that makes Warren Buffett's returns look mediocre.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Head of the world’s largest hedge fund says report of a massive $1 billion bet that the stock market will tumble by March is wrongBridgewater Associates disputes elements of a Wall Street Journal report on Friday indicating that his fund was putting on a $1.5 billion bet that global stock markets would drop precipitously by March 2020.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »