Macro

US ELECTION

Multi-strategy hedge fund Algebris’ macro chief eyes Biden victory in US election battle

Multi-strategy hedge fund Algebris’ macro chief eyes Biden victory in US election battle

A victory for Democratic candidate Joe Biden in the approaching US presidential election would see a “limited short-term negative reaction”, and could herald more fiscal stimulus coupled with a dovish monetary policy, according to Algebris Investments’ head of macro strategies Alberto Gallo.

MANAGER INSIGHTS

“Be vigilant”: Man GLG hedge fund veteran Pierre-Henri Flamand warns investors of inflation 'storm'

“Be vigilant”: Man GLG hedge fund veteran Pierre-Henri Flamand warns investors of inflation 'storm'

Pierre-Henri Flamand, Man GLG’s CIO emeritus and hedge fund industry veteran, says the huge economic stimulus from governments to combat the coronavirus crisis is fuelling the threat of inflation, and is warning investors to “be vigilant rather than to relax”.

MARKETS

“From hope to worry”: Positive market movements still hinge on vaccine progress, says BlueBay

“From hope to worry”: Positive market movements still hinge on vaccine progress, says BlueBay

BlueBay Asset Management, the London-based fixed income and emerging markets manager, is warning the recent uptick in economic activity could give way to “a more difficult backdrop” in August, as the future direction of the global economy continues to hinge heavily on developments surrounding a potential coronavirus vaccine.

NEWS

Swedish hedge fund pioneer Brummer sees April gains across credit, relative value and macro

Swedish hedge fund pioneer Brummer sees April gains across credit, relative value and macro

Brummer & Partners, a long-running Swedish multi-strategy hedge fund firm, saw its flagship Brummer Multi-Strategy vehicle up marginally in April, as solid gains across its long/short credit, systematic equity, relative value and macro strategies were offset by sharp losses in tech-focused long/short equity trades.