Inside Wall Street’s $8 Billion VIX Time Bomb
February 13, 2018

It was the hot trade on Wall Street, a seemingly sure thing that lulled everyone from hedge fund managers to small-time investors.

Now newfangled investments linked to volatility in the stock market — until a few years ago, obscure niche Continue reading

The Worlds Biggest Wealth Manager Wont Touch Bitcoin
November 24, 2017

UBS Group AG, the world’s largest wealth manager, isn’t prepared to make portfolio allocations to bitcoin because of a lack of government oversight, the bank’s chief investment officer said.

Bitcoin has also not reached the critical mass to be Continue reading

A Crypto Fund King Says Bitcoin Will Be the Biggest Bubble Ever
October 5, 2017

Mike Novogratz is reinventing himself as the king of bitcoin.

The swaggering macro manager who flamed out at Fortress Investment Group LLC is starting a $500 million hedge fund to invest in cryptocurrencies, initial coin offerings and related companies. Novogratz Continue reading