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...
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Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
