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Einhorn Hedges Against Interest Rates; Shorts Yen, Yuan, AUD

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Mark Melin
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David Einhorn Greenlight Capital Re, Ltd. (NASDAQ:GLRE)’s investment portfolio has significant exposure to both interest rates and has multiple currency plays, according to the firm’s 10K filing.

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Einhorn, Greenlight Capital Re, Ltd. (NASDAQ:GLRE) - Interest rate and currency exposure

If the market saw a 100 basis point increase in interest rates, Greenlight Capital Re, Ltd. (NASDAQ:GLRE) would net nearly a 1% profit in the portfolio.  In terms of executing the trade, the portfolio...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.