One of the first things you learn in this business is that there is way more there than is published on Bloomberg
my information comes form one of the PMs from the fund
Where are the bodies?
- Thread starter alex314159
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my information comes form one of the PMs from the fundInside information is not illegal, trading on it is, right?re: way more
is that what we generally call inside information in some circles?
You can benefit from insider information without really running foul of the law. If you were planning on investing in the company, and you learned from your contact of the dire strait - you turn away. No illegality here, but you benefitted.Inside information is not illegal, trading on it is, right?
re:No illegality here
you don"t know the law and court decisions
these type of cases are rarely prosecuted because they are difficult to prove.
Exactly - its nigh impossible to prove
Apparently, yes. Which reminds me that @destriero probably owes me a dinner (as Collins has gotten re-elected and is probably getting off scat-free).
Thanks for all the answers. Meanwhile I got hold of the latest HSBC HF report. A lot of the data is reported late so away from systematic funds we're still talking October performance.
There does seem to be more casualties if not blow-ups. For instance looking at their bottom performing funds YTD, a significant portion of them is down >20%, whereas in the previous 2y most of the bottom performing funds were in the -10% to -20% range.
There does seem to be more casualties if not blow-ups. For instance looking at their bottom performing funds YTD, a significant portion of them is down >20%, whereas in the previous 2y most of the bottom performing funds were in the -10% to -20% range.