23 March 2023: Financial News reports on reputational damage for the Swiss banking industry caused by the forced takeover of Credit Suisse by UBS on 19 March. Sussex Partners' Head of Research Pablo Urreta offers a view. The full article is linked here.
23 March 2023: Hedgeweek's latest Insight Report is timely, looking at prevailing sentiment amongst equity hedge fund managers and Q2 prospects for L/S equity funds at a time of febrile markets volatility and heightened investor sensitivities. "In such an environment, anything can be the catalyst" comments Patrick Ghali. Could this be the full markets inflection point long anticipated and articulated by Sussex Partners? You can request and read the full Hedgeweek Insight Report via this link.
20 March 2023: Sussex Partners has long warned of the fragile nature of financial markets and investors have suffered a battering in the wake of the collapse of SVB and wider turmoil in the global banking sector. AFI writes that CTA funds have suffered their worst week's performance in 25 years. We are "moving away from the wishful thinking of a soft landing" comments Patrick Ghali. AFI subscribers can read the full article here.