Financial Times: Opening Quote: US travel ban sends shares sharply lower around the world

March 12, 2020

“A handful of hedge funds betting on bonds or volatility have reaped profits from the turbulence in financial markets over the past fortnight. One of the biggest gainers is Roy Niederhoffer’s New York-based computer-driven hedge fund firm RG Niederhoffer Capital Management, one of the world’s oldest quant hedge funds. It has gained 37 per cent this year, after losing 28 per cent in 2019 when markets rose.”

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