Archive for the ‘Global Macro’ Category

Choppiness amid Calm: Explaining an Anomaly

August 6, 2014

Chidem Kurdas
A surprising reason people give for disappointing returns (more…)

Bridgewater Alpha Fulfills Promise, Somewhat

May 28, 2014

Chidem Kurdas

Bridgewater Associates’ Pure Alpha, probably the world’s largest single hedge fund, (more…)

Trend Followers on the Mend?

December 17, 2013

Chidem Kurdas

Traders who follow long-term trends made (more…)

Market Bull vs. Federal Reserve Bubble

October 31, 2013

Chidem Kurdas

Two opposed views crystallized (more…)

Tiger Seeded Contrarian Draws Investors

October 29, 2013

Chidem Kurdas

Among the new funds favored by large (more…)

Caxton Bets on Airline Merger

March 7, 2013

Chidem Kurdas

Will the savings from the proposed merger of US Airways with American Airlines be enough to significantly lift profits? New Caxton chief (more…)

Popular Funds Disappoint

January 29, 2013

Lackluster as 2012 was for hedge funds as a whole, it was worse (more…)

Asian Fund’s Morgan Stanley Connection

May 8, 2012

Long-time hedge fund industry people will tell you that it is not enough for a new fund to make a high return—investors have to know and feel comfortable with the manager. One of the notable success stories of the past several years (more…)

Wide Performance Dispersion in Volatile Markets

January 4, 2012

Chidem Kurdas

Global macro is the kind of flexible strategy that should do well in a difficult economic environment. How did investors in the strategy do in 2011? (more…)

Can Political Risk Be Hedged?

October 11, 2011

Chidem Kurdas

Financial fears dominate the stock market but another kind of danger lurks in news headlines—-like today’s story about an alleged Iranian-directed scheme to assassinate  Saudi Arabia’s ambassador to the US.  As George Tzanetatos sees it, political threats are too important to ignore. (more…)