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05 Nov
Posted by: Bryan Goh in: Uncategorized
Jeremy Grantham of GMO in a recent letter writes about a number of interesting points:
Bernanke missing the housing bubble and its bursting, the potentially disastrous implications interactions between lower house prices and new financial instruments (MBS, CDOs), and international distribution of the associated risk.
Other Teflon Men: Larry Summers, encouraging deregulation and lighter regulation and not [...]
Hedge Fund Performance 2009 09
Hedge funds as represented by the HFRI returned 17.01% year to date. In the same time period, the MSCI World returned 38.08% YTD. Global Bonds measured by the Barclays Global Bond Index (the old Lehman Agg) gained 8.14%, and the CRB Index (Commodities) gained 17.71%. Adding more granularity to the numbers, [...]