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The Hedge Fund as a Put Option |
nodoodahs Moderator

Joined: 06 May 2005 Posts: 2408
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Posted: Thu May 05, 2011 9:15 pm Post subject: The Hedge Fund as a Put Option |
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http://www.bloomberg.com/news/2011-05-05/diggle-starts-new-volatility-hedge-fund-two-months-after-shutting-artradis.html
| Quote: | | Stephen Diggle, the Singapore-based hedge fund manager who made $2.7 billion for investors as markets see-sawed in 2007 and 2008, started a new hedge fund that places wagers on price swings, two months after liquidating Artradis Fund Management Pte’s volatility funds. |
| Quote: |
Artradis, founded by Diggle and Richard Magides in 2001, closed down in March after giving investors in the firm’s AB2 Fund and Barracuda Fund their money the previous month. Once Singapore’s biggest hedge-fund manager, its funds lost $700 million for investors as volatility declined in 2009 and 2010, Diggle said. Artradis managed as much as $4.9 billion in 2008. |
_________________ I haven’t seen a beatin’ like that since somebody stuck a banana in my pants and turned a monkey loose. |
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The Hedge Fund as a Put Option Replies |
rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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Posted: Thu May 05, 2011 10:21 pm Post subject: |
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Listened to a guy on the Bloomie claiming Exxon was effectively a "hedge-fund" with its $41B investment in NatGas--which it has chosen not to pursue as a "growing concern" in this last quarter's shareholder's address.
Maybe now that they've given up, it's just starting to work! _________________ Today is the Tomorrow you worried about Yesterday! |
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