The Frankel International fund is a South African construction. Lately we hear a lot of rumors which are not positive at all. Seems to be a Ponzi scheme where well known UK business men and some Monaco-based Russians are involved.
In the mean time we learn that hedge funds are working on their come back. Liquidations fell by 50% in the first quarter from 2009 from the record levels we saw in 2008.
Do we see the reversal of the reflation trade?
If so, buy government bonds aka TLT.
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In the mean time we learn that hedge funds are working on their come back. Liquidations fell by 50% in the first quarter from 2009 from the record levels we saw in 2008.
Do we see the reversal of the reflation trade?
If so, buy government bonds aka TLT.
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