‘Back Up the Truck’ on China, Fund Veteran Krige Says After Loss
Dawid Krige is putting on a brave face after his Greater China long-only fund lost 56% of its value since 2020.
Recent
Cathie Wood-Bet Teladoc Sinks in Worst Drop Ever on Grim Outlook
Teladoc Health Inc., the digital health provider that’s backed by Cathie Wood’s ARK Investment Management LLC, cratered after slashing its forecast.
Cathie Wood’s ARKK Flirts With 2-Year Low as Short Sellers Eye Possible Bounce
Cathie Wood’s flagship fund is approaching a two-year low, though short sellers appear to expect that the decline won’t last much longer.
Cathie Wood Buys the Dip on Pandemic Darlings Roku, Zoom, Roblox
Star stock-picker Cathie Wood's Ark Invest this week snapped up shares of pandemic darlings including Roblox Corp, Roku Inc and Zoom Video.
Norway’s Wealth Fund Lost $74 Billion in First Quarter
Norway’s $1.3 trillion sovereign wealth fund, the world’s biggest, posted its first quarterly loss since 2020.
Cathie Wood's ARKK Falls 60% From its Peak, Erasing All Post-Pandemic Gains
The average holding in Ark Innovation (ARKK), Ark Investment Management’s namesake flagship exchange-traded fund, is currently down over 70%.
Hedge Fund BFAM Loses 10% This Year on China Debt, Ruble Trades
BFAM Partners’ multi-billion dollar multi-strategy hedge fund lost another 6.2% in March on China credit and volatility trades, including the ruble.
