In August's edition of Alpha Q, Patrick Ghali, Managing Partner and Co-founder, commented on the Brexit process and its likely effect on the Swiss financial markets, stating: “If there is a hard Brexit, the UK will definitely lose financial business. If fund managers lose their European passporting rights, they will have no choice but to figure out another location in Europe.”
The full article can be read here (opens PDF).
In Jasmin Leitner's article Time to Stop Keeping it Personal? for HFM Week, Patrick Ghali, Managing Partner, discuss the cult of personality in relation to hedge fund managers, commenting:
“If you’re an arrogant individual, what tends to happen is that you don’t want to admit to the fact that you could possibly have made a mistake, to such a degree that you blow up the fund or have massive losses, or at worst case, that you start fiddling the numbers because you don’t want to show that you’re wrong.”
The full article can be read here.
In June, Pablo Urreta, Senior Partner and Head of Research, spoke to Tabby Kinder about the performance of large global macro managers as compared to their smaller competitors, with some interesting results.
The full article can be read here (subscription required).