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I love the smell of Hedge Fund Manager 'Puke' in the morning!

 
Hamlet's Mill

User ID: 75953635
United States
02/06/2018 12:50 PM
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I love the smell of Hedge Fund Manager 'Puke' in the morning!
Hedge Funds Shorting Volatility ‘Forced to Puke’ as Stocks Drop
[link to www.bloomberg.com (secure)]

A sampling of the more colorful chunks of Hedgefunder puke:

"Traders who were short volatility just had to puke," said Tobias Hekster, co-chief investment officer at True Partner Advisor"

"the world’s biggest publicly traded hedge fund firm nursing a hangover as nine years of stock market celebrations came to a halt --"

"Man Group Plc fell as much as 7.9 percent"

"65% Loss
One firm caught up in the turmoil was Option Solutions LLC. The hedge fund firm that trades equity options lost as much as 65 percent after it was forced to sell holdings overnight."


"Paolo Compagno, a partner at the London-based firm, said in an email to investors, 'We were forced to liquidate throughout the night and morning'.”

"Man AHL Diversified Futures plunged about 4.6 percent on Monday as market trends suddenly reversed, leaving the fund flat for the year...The strategy 'had a very bad day yesterday, that’s not a surprise,'”


glassesoff

Last Edited by TerraFirma's Esoterrorist on 02/06/2018 12:52 PM
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