I’m sure most caught the headlines on Bloomberg. Not an easy environment for macro, especially if risk management doesn’t have the tolerance for some of these swings in directional. Seems like everyone’s after RV right now but that’s a crowded play, going to be tough for smaller players to compete.
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Prime example of two casualties of the multimanager platform asset boom - don't know of any good PM who has went to either in the past couple years
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