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☆ The best-performing global bond fund is up 74% over the past year. Here's where it's invested
▼ + stars: | 2024-06-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Gecko Capital's Maunakea Emerging Markets Debt Recovery Fund has delivered an impressive 74% return over the past year, and its fund manager is particularly bullish on two South American economies looking ahead. Maunakea's two largest positions are in Venezuela and Argentina, which Durand considers among "the most attractive and compelling" trades he has ever placed. Elections are expected to be held on 28 July which will be a key moment for investments in the country, according to the fund manager. However, the fund manager is optimistic that Argentina will reverse its economic woes. The next trade Durand said he is eyeing Bolivia, once a market darling that has recently experienced significant problems, for opportunities as its bonds start to trade at discounted levels.

Persons: Jean, Jacques Durand, Durand, " Durand, Edmond de Rothschild, They've, Fitch Organizations: U.S, Edmond, EU, CCC Locations: Venezuela, Argentina, U.S, Venezuelan, Durand, Bolivia

☆ The market is 'definitely biased towards a rally': Investment firm
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is 'definitely biased towards a rally': Investment firmOmar Itani, head of investment advisory at Edmond De Rothschild Middle East, discusses the outlook for U.S. consumer price index data.

Persons: Omar Itani, Edmond De Rothschild Locations: East

☆ A French castle owned by royals and a Rothschild is on the market for $454M — which would make it one of the most expensive homes ever sold
▼ + stars: | 2024-05-07 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

A 12th-century French castle, Château d'Armainvilliers, is being auctioned for around $454 million. The castle was previously owned by King Hassan II of Morocco. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA 12th-century castle that once belonged to a Rothschild is being auctioned for a staggering €425 million, or around $454 million. It was once owned by Edmond de Rothschild, before being sold to King Hassan II of Morocco, a spokesperson for Meuwissen told Business Insider.

Persons: Château, King Hassan II, —, Rothschild, Ignace Meuwissen, d'Armainvilliers, Edmond de Rothschild, Meuwissen Organizations: Service, Meuwissen, Business Locations: Morocco, Paris

☆ Ken Griffin is on top of the hedge fund world. Read his memo to the Citadel team.
▼ + stars: | 2024-01-22 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Read previewAnother big year for billionaire Ken Griffin and Citadel has extended the lead the Miami-based money manager has over its peers. It brought the firm's all-time gains to $74 billion, close to $20 billion more than the two firms tied for second all-time, D.E. The two firms have generated $56.1 billion in profits since they launched, according to the rankings. In an internal memo titled "Citadel Widens Lead as Most Profitable Hedge Fund of All Time," Griffin wrote, "We not only retained the #1 ranking, but we also more than doubled our lead over our closest competitors in the past year." Citadel confirmed the contents of the memo but declined to comment further.

Persons: —, Ken Griffin, Shaw, Ray Dalio's Bridgewater, Edmond de Rothschild, Griffin Organizations: Service, Citadel, Business, LCH Investments, Millennium, Bloomberg, LCH, Fund Locations: Miami, Connecticut, Wellington

☆ Edmond de Rothschild to open advisory office in Dubai
▼ + stars: | 2023-02-28 | by ( Hadeel Al Sayegh | ) www.reuters.com time to read: +2 min

DUBAI, Feb 28 (Reuters) - Edmond de Rothschild Group, which specialises in asset management and private banking, said on Tuesday it is expanding its presence in Dubai with an advisory office as it looks to the fast-growing Middle East hub to cater to an affluent pool of clients. It previously had a representative office in Dubai, but said the new office will "enhance" its ability to serve clients in the region. Edmond de Rothschild plans to hire about five people in Dubai next year, a spokesperson said. A growing number of hedge funds have set up shop in Dubai, attracted by lower licensing fees and capital requirements for the industry, including Millennium Management, ExodusPoint Capital Management and BlueCrest. French private equity firm Ardian said last month it was opening an office in neighbouring Abu Dhabi, capital of the United Arab Emirates, while CVC opened an office in Dubai last year.

☆ Top hedge funds earned sharply less for clients in 2022, LCH data shows
▼ + stars: | 2023-01-23 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Jan 23 (Reuters) - The 20 best performing hedge fund managers earned $22.4 billion for investors in 2022, marking their slimmest gains since 2016 as many firms, including Tiger Global Management, struggled with slumping financial markets, LCH Investments data show. The top 20 managers, led by Ken Griffin's Citadel, Bridgewater Associates and D.E. Overall, hedge funds lost $208 billion in 2022 for clients, marking the biggest single-year decline since 2008, when they lost $565 billion, LCH data showed. Hedge funds, which were jointly managing $3.3 trillion on Dec. 31, 2022, according to eVestment data, often promise to outperform, especially when markets are stumbling. Shaw, Millennium Management, Soros Fund Management, Elliott Management, and Viking Global Investors also ranked in the top 10.

☆ Rise in yields and leveling inflation making bonds more attractive than stocks, says EDR CIO
▼ + stars: | 2023-01-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRise in yields and leveling inflation making bonds more attractive than stocks, says EDR CIOLars Kalbreier, CIO at Edmond de Rothschild, discusses a renaissance for bond markets, and how attractive fixed income markets can be identified.

Exxon has yet to set any 2030 Scope 3 target. Shell said it believed its targets are aligned with the U.N. climate targets. We remain committed to constructive engagement with our investors," a Shell spokesperson said in a statement. The group of investors co-filing the resolutions includes Edmond de Rothschild Asset Management, Degroof Petercam Asset Management and Achmea Asset Management. Exxon and Chevron have in the past successfully blocked attempts to file climate resolutions with the Securities and Exchange Commission.

☆ A murit unul dintre cei mai bogați oameni din lume. S-a stins la doar 57 de ani
▼ + stars: | 2021-01-16 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Unul dintre cei mai bogați oameni ai lumii s-a stins din viață. Despre cine este vorba și care a fost cauza morții? Președintele holdingului Edmond de Rothschild, baronul Benjamin de Rothschild, s-a stins din viață, la doar 57 de ani. „Ariane de Rothschild și fiicele ei sunt extrem de triste să anunțe moartea soțului și a tatălui lor, Benjamin de Rothschild”, a anunțat familia sa. Cine a fost Benjamin de RothschildBenjamin de Rothschild s-a născut la 30 iulie 1963.

Persons: Rothschild, Edmond de Rothschild, Benjamin de Rothschild, Ariane, Benjamin de Rothschild Benjamin de Rothschild, Benjamin, Nadine de Rothschild, elvețian Edmond de Rothschild, Le Figaro Organizations: elvețieni, Rothschild and Locations: Elveția, elvețian, Geneva

Benjamin de Rothschild este un descendent din a șaptea generație a fondatorului dinastiei Rothschild. A fost considerat unul dintre cei mai bogați membri ai acestei familii. Acesta a condus grupul Edmond de Rothschild, un grup independent de companii specializate în administrarea activelor și activităților bancare. Activele Grupul Edmond de Rothschild sunt evaluate la 173 miliarde franci elvețieni, aproximativ 194 miliarde dolari. Pe lângă băncile pe care le deține, Edmond de Rothschild a creat mai multe fundații de caritate, deține hoteluri și restaurante.

Persons: Benjamin de Rothschild, Rothschild, Edmond de Rothschild Organizations: Edmond, elvețieni

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