Macro Hedge Fund That Held On to Russia Bets Suffers Record Loss
Macro hedge fund manager Edouard de Langlade suffered his worst monthly loss after holding on to his Russian equity bets.
Macro hedge fund manager Edouard de Langlade suffered his worst monthly loss after holding on to his Russian equity bets.
Europe has been dominant authority in shaping ESG guidelines around the globe, however, Russia’s invasion of Ukraine is bringing weapons to forefront.
Chase Coleman’s Tiger Global Management posted a 10% decline for its flagship hedge fund last month.
SEC Chair Gary Gensler skeptical the hundreds of investment funds that tout ESG credentials are as green or socially conscious as advertised.
The world’s largest provider of exchange-traded funds is bracing for a record year of trading in its flagship European credit fund.
Cathie Wood’s flagship fund, ARK Innovation ETF (ARKK), is down 30% year to date and is more wildly volatile than practically any fund on the market.
Investors may soon have ETF to weather one of the worst possible outcomes for U.S. economy: surging inflation coupled with stagnant economic growth.