For Boaz Weinstein, founder of Saba Capital Management LP, historic calm in global credit markets is proving to be more than boring. It’s costing the hedge-fund manager money.
For Boaz Weinstein, founder of Saba Capital Management LP, historic calm in credit markets is proving to be more than boring. It’s costing him money.
Bill Gross is applying Pacific Investment Management Co.’s theory of the “new neutral” beyond bonds, wagering that volatility across markets will remain abnormally low.
The Apollo Theater’s 80th birthday party gala last night had so many fantastic music moments. But first, let’s talk hockey.
Bill Gross said Pacific Investment Management Co., manager of the world’s biggest bond fund, has been betting that volatility across asset classes will remain very low, as gauges of price swings fall to their lowest levels on record.
Hedge funds run by firms including Ray Dalio’s Bridgewater Associates LP posted gains last month as Paul Tudor Jones’s main strategy at Tudor Investment Corp. fell.
"They're going to do it."
- Paul Tudor Jones on Jun 11, 2014
Zehner, Solavay Versus Tudor Jones on Women Traders