Hints and tips:
...The poor performance and outflows mark a fall from grace for a strategy known for its star stockpickers such as Tiger Management’s Julian Robertson, GLG’s Pierre Lagrange and Egerton’s John Armitage....
...Charlie Robertson, head of macro strategy at FIM Partners, an asset manager specialising in emerging and frontier markets, said that under the old regime investors had faced barriers in repatriating money...
...I met the legendary investor Julian Robertson in the late 1990s, when the hopes for world peace that followed the collapse of the Soviet empire were erased by new risks, including India and Pakistan carrying...
...Ortenca Aliaj And so in years where you’ve had the S&P go down 20 per cent, you’ve had the multi-manager funds actually be up 15 or 10 per cent, in double digits....
...“I think they are good value,” he said in a rare interview. “I don’t think the valuations are . . . much higher than they’ve been all along.”...
...I felt like I had died and gone to Le Corbusier heaven at the Hôtel Le Corbusier in Marseille....
...“I got my head handed to me, but I got in early” into the trade, which limited overall losses, he added. Additional reporting by Josephine Cumbo...
...Robertson’s Tiger Management beat the S&P 500 in 14 of the years between 1980 and 2000, helped by trades such as shorting the price of copper in 1996 and betting against the Thai baht the following year....
...“I think this is the first sign of Powell saying ‘we will have a nasty period and we need to have it’.” US government bond markets took Powell’s speech in stride, according to Robertson....
...“I think this is the first sign of Powell saying ‘we will have a nasty period and we need to have it’.”...
...“I think the world of Larry Fink, but I’m not sure I want him to be my emperor.”...
...cut their teeth at Julian Robertson’s hedge fund Tiger Management....
...Several hedge funds with ties to Julian Robertson’s Tiger Management have suffered big losses from widely held tech and consumer stocks....
...“Index regulation is a thorny issue, and I’m glad to see that the SEC is grappling with it,” said Robertson....
...Look at it like that and perhaps momentum will soon be lost, particularly as some 4 per cent of the national workforce remains on at least partial furlough. I’m not so sure....
...A notion that keeps coming up in the Robertson piece is competitiveness, which I think is actually rarer than high intelligence....
...That will be vital if Refinitiv is going to compete against other industry heavyweights including Intercontinental Exchange and S&P Global-IHS Markit, according to Ghose....
...Australia, New Zealand, Canada, and most of Europe have all felt this pain. But I think it is coming mostly from hedging. I don't think there are people bailing on positions.”...
...I disagree. An exogenous, uncertain, global economic shock is a far bigger and more pressing challenge. And a far more compelling rationale for policy action.”...
...I thought the effort might end up being a waste of time and money, but I also thought it could make us better investors,” he says....
...The bigger point is that the bifurcation or polarisation across the market between unloved sectors such as retail and tech is as big as I can remember in a long time.”...
...“I’ve got nothing against short selling, I short sell, but they’re putting out false information and it’s out of bounds.”...
...When I ask Robertson if any of the tests offered by Theranos could have saved Holmes’s uncle, he takes a long pause....
...Consultants and insurers in the US are predicting more buyouts in large part because of the rising costs of paying into the PBGC, which they say can run into tens of millions of dollars a year for an S&P...
...On Wednesday, the S&P 500 rose 0.7 per cent, having posted its best one-day gain since March 11 in the previous session, led on both days by financial and energy stocks....
International Edition