What podcasts say about Nishant Kumar
Every statement, with the speaker, the exact quote and the moment it was said.
What Nishant Kumar has said on podcasts
13 statements · 2 positive · 10 negative · 1 neutral
Major multi-strategy hedge funds lost money simultaneously in October.
“And they all failed together and they lost money last month.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 4:37
Hedge funds are intended to cushion pension and sovereign portfolios during market turmoil.
“The value of a hedge fund in a pension fund portfolio or a sovereign wealth portfolio, and we are talking about this. tens of billions of dollars worth of portfolios. Your role in a portfolio is to soften the blow from any market turmoil.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 5:59
Citadel, D. E. Shaw, and some quantitative funds gained in October.
“Citadel was one, Dishaw was another, and there were some odd quant funds that did well.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 7:02
AI stocks, Brazil’s election, and bond-market selling jointly hurt hedge funds.
“They all combined to create this perfect storm for a lot of different hedge fund industry.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 7:54
The hedge fund industry appears broadly concentrated in the AI theme.
“it looks like the entire industry has piled into this ai theme”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 13:41
Crowded hedge fund positions are supported by substantial leverage.
“crowding has become a big issue and it's backed by huge amounts of leverage.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 16:04
Multi-strategy firms reduce a portfolio manager’s risk after losses.
“If a PM loses money, risk gets cut.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 18:02
Many multi-strategy firms halve a PM’s capital after a 5% loss.
“if you lose 5% of that, so $5, at many of the firms, your capital will be cut into half.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 18:09
A 7.5% total loss can trigger closure of a portfolio manager’s book.
“If you lose another two and a half percent, so total loss becoming seven and a half, you are closed out.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 18:16
Strategy correlations can rise sharply during market stress.
“The beauty of correlation is that it's not visible all the time. It goes up and down. And in moments like, last month, it really goes up.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 20:33
The next two months will be difficult for hedge fund traders.
“next two months is going to be very, very, very difficult.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 24:03
Adding more equity managers eventually provides limited diversification.
“how much an incremental or additional five? more equity fund managers will diversify your strategy. So I think there is a cap on that as well.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 26:28
New multi-strategy funds may lack resources to hire top traders.
“I don't think they can.”
Open the episode · The Perfect Storm That Clobbered Hedge FundsListen at 28:22
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.