This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
GB
Pocketmags Digital Magazines
   You are currently viewing the United Kingdom version of the site.
Would you like to switch to your local site?
Digital Subscriptions > The Hedge Fund Journal > Issue 134 – Aug 2018 > Man FRM Early View

Man FRM Early View

MAN FRM

July 2018

COMMENTARY

Markets

Every other month we are unpicking increased volatility in one market or other to find signs of the end of the economic cycle. In February it was equities; in April foreign exchange; and last month we wrote at length about the chaos in the quantitative market neutral strategies. And each time, thus far, investors have steadied themselves and markets have calmed, like a house falling apart brick by brick rather than as a sudden collapse.

Looking at the environment in which we started July, it would have been easier for concerns around Chinese debt levels or a stronger dollar to have escalated, potentially plunging EM economies again into another wave of difficulty. Or we could have seen a continuation of the pain in quantitative strategies as managers and investors reacted to the losses in June by taking down gross exposure or exiting strategies altogether, exacerbating issues caused by deleveraging. Neither of these appears to have happened, but with each mini-crisis the list of concerns with financial markets grows. So what’s next?

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 134 – Aug 2018
If you own the issue, Login to read the full article now.
Single Issue - Issue 134 – Aug 2018
£119.99
Or 11999 points
6 Month Digital Subscription
Only £ 120.00 per issue
£599.99
Or 59999 points

View Issues

About The Hedge Fund Journal

Informing the Hedge Fund Community. With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.