Hedge Fund Manager Hintze Says Don't Be Surprised By Emerging Markets

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Mark Melin
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When considering the decline in emerging markets, Sir Michael Hintze, founder of London-based hedge fund CQS, says investors shouldn’t have been surprised. Hintze: “Quantitative easing is stimulating downtown Mumbai rather than downtown Detroit” Hintze clearly stated in 2011 that quantitative easing is “stimulating downtown Mumbai rather than downtown Detroit,” pointing to the often-cited issue.  “It is surprising to me that as Taper takes hold, effectively a tightening of money supply growth, the reverse (in emerging markets) is not obvious,” he said in an investor letter reviewed by ValueWalk. “It is worthwhile remembering that when QE started there were massive capital inflows into…


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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.