Thu, Sep 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opportunities in foreign exchange attract retired traders out of retirement

Thursday, December 06, 2012

amb
Ernesto Prado
From Komfie Manalo, Opalesque Asia:

There are growing opportunities in foreign exchange trading that have tempted even formerly retired traders from Salomon Brothers to come out of retirement and "join the party," said, Ernesto Prado, who is responsible for investments at boutique fund of fund Ayaltis during the latest Opalesque 2012 Zurich Roundtable.

The Opalesque 2012 Zurich Roundtable was held in the office of Eurex and was sponsored by IDS, Taussig Capital and Eurex.

Prado described as particularly interesting what he calls the "fixed income FX octopus." "Imagine an octopus stretching out his tentacles all around, and on the right hand side you have all the different yield curves of developed economies. All the major markets like the U.S., Europe, and Japan. These, so to speak, yield curve tentacles are 'collapsed’ weighed by heavy debts and aging populations forward. On the other side of the octopus are the yield curve tentacles of Brazil, China and all other developing economies that are in a very different cycle. Now, the actual body of the octopus represents all the FX crosses that link the two sides. That is what the Sal......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  3. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner