logo
  Join        Login             Stock Quote

Sovereign Wealth Funds Preparing Portfolios For Bearish Outlook?

 August 24, 2010 10:24 AM


China's $300 Billion sovereign wealth fund CIC is talking to ultra bearish Nassim Taleb, author of the Black Swan.

If one of the largest sovereign wealth funds is talking to Taleb's investment company, Universa Investments LP, then perhaps even the largest of money managers are getting a bit nervous about the future.

{…} Some of the world's biggest investors are planting the same seeds. The Santa Monica, Calif., investment firm Mr. Taleb helped start and still advises, Universa Investments LP, is in talks with China's $300 billion sovereign-wealth fund, China Investment Corp., and Middle East government funds about investing in Universa, according to a person familiar with the matter. Specifically, sovereign-wealth funds are willing to pay the firm in the hopes that if the market dives, at least some part of their portfolio will profit.

[Related -ADP: Private-Sector Payrolls Rise 213k In September]

Panic is a profit-driver for Mr. Taleb, who has gained renown for his pessimism, a viewpoint that proved prescient in the market collapse of 2008. The interest from the likes of the Chinese and Middle East funds, which control some of the world's biggest pools of money, suggests more mainstream adoption of Universa's bearish conviction. {…} (WSJ)

Sovereign Wealth Funds Preparing Portfolios For Bearish Outlook? is a post from: Rebel Traders - Stock Market and Economic Analysis

iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageADP: Private-Sector Payrolls Rise 213k In September

Private-sector employment continued to rise at a moderate pace in September, according to this morning’s read on...

article imageSuspicions Over ADP Employment Make-up

he private payroll processor noted that the sixth continuous payroll gain above 200,000 was a “positive read on...

article imageLessons From the Golden Bear

How attractive is gold when it comes to investing over the long read on...

article imagePondering The Slide In US Inflation Expectations

The Treasury market’s inflation forecast via 10-year Notes continues to fall and the US stock market has read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center

Related Articles:

Lessons From the Golden Bear
More Articles on: Finance



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.