While everyone is talking about the risks in China, with them ratcheting up stakes in the trade war with a Yuan devaluation, and threatening troops in Hong Kong to squash protests, many in the quant space are busy analyzing the Chinese markets for investment opportunities. Now, we’re not talking about picking the next Tencent IPO […]
Bridgewater & Associates is commonly known as the world’s largest hedge fund, with more than $140 Billion in assets under management and close to 1,500 employees. Its founder Ray Dalio is about as eccentric as you would expect from the founder of the world’s largest hedge fund – penning his own manifesto, and installing a […]
For as long as anyone can remember, the classic hedge fund fee structure has been two and twenty. Or more formally, a 2% annual management fee and a 20% performance fee. The management fee is to allow for the manager to operate their business, invest in technology, and pay their quants. The performance fee is […]
Think not…? Then email firstname.lastname@example.org and let the SEC know. For those of you who don’t remember Jon Corzine, he’s the ex-Goldman senior partner-turned US Senator-turned New Jersey Governor-turned CEO of futures clearing firm MF Global. Just one little problem with this story…as the picture below alludes to, his tenure at MF Global saw him […]
What a way to get August going. First, we had this happening last Thursday = Since Trump announced his China tariffs, the markets have plummeted https://t.co/uVHztmpL5o pic.twitter.com/OAkOPIpwD3 — David Nir (@DavidNir) August 1, 2019 That left us down about -1%. Then, there was a little more of the same on Friday, although nobody on Wall […]
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Past Performance is Not Necessarily Indicative of Future Results. The regulations of the CFTC require that prospective clients of a managed futures program (CTA) receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA.