A portfolio with strategies like relative value and discretionary macro “tends to benefit from a heightened volatility regime so long as volatility doesn’t increase to extreme levels.”
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Eric Veiel is not directing portfolio managers to prepare for the end of dollar hegemony, but he is watching closely as cracks start to form.
The nonprofit that funds free speech and pro-democracy programs has brought on two family office vets to head up its first in-house investment office in 20 years.
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