Managing An Existing Macro Position – Aussie Dollar Example from Bridgewater As Would Be Managed by Caxton Associates

Having been asked what would a trader or macro manager do now on the Aussie Dollar position mentioned in a couple of articles (here and here) here is a response. Below in graphic one is the original set-up graphic annotated to show the current A$/US$ rate. Graphic One – A$ v US$ over the six […] Read more »

The Big Hedge Fund Stories from 2011

Although individual news items can have can have historical significance (such as story 1 below) the effort here is more to point to the themes and trends at work in the hedge fund industry last year. Here are my top stories for 2011: Bruce Kovner 1.  Big Name Retirements – two of the best known […] Read more »