Apr
10
Currencies, Fed and Greece: The hedge fund verdict
ByVolatility has been creeping back into markets, creating headaches for investors as they try to navigate wild swings in currencies and oil, geopolitical uncertainty and diverging moves by global central banks.
But although traders have been forced to accept a new era of choppy trade, some hedge fund managers argued this is not all bad.
“Finally, some volatility is coming back to the market,” Salvatore Cordaro, chief investment officer (CIO) at Tages Capital, told CNBC, highlighting that it was “quite unusual” to have volatility in government bond yields, for instance, even as they were moving lower…