Alberto Gallo on Investor Complacency, Crisis Risks and Fed’s Dilemma
Macro Hive Conversations With Bilal Hafeez
00:00
How to Invest in a Negative Credit Environment
We prefer performance of liquidity oversize. And we don't plan to be a massive fund in the future. We want to be nimble. For now, we haven't really, we are still far from capacity. So I think it's really about how you structure the fund for this environment. An environment where vol is low and nothing happens, we're not the fund to go to. You're better off with any carry strategy. But in an environment where there is more unexpected events and there's more realizability, it's much better to be liquid"
Transcript
Play full episode
