From Reuters UK: Hedge funds set up to profit from huge market slides are
falling out of favour, signalling that investors are increasingly confident
leading central banks can avert the kind of meltdown that followed the Lehman
Brothers' collapse.
Investors are pulling out of such "tail risk"
funds although economic and geopolitical bolts continue to strike from the
blue, be they the messy bailout of Cyprus which has shown how the euro zone
crisis can flare up when markets least expect it, or the U.S. stand-off with
North Korea….
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