News
Race to support 130/30 funds begins - Financial News
[10-12-2007]
In today's Financial News, Jim Connor, Partner, Morse is quoted in an article, 'Race to support 130/30 funds begins', which looks at how long/short funds have created a headache for custodians and prime brokers. Jim comments, 'Short positions are different to long holdings. They can be more volatile - a good idea can evaporate quickly. Over longer time horizons, there is a risk of negative carry where the financing costs of the trade exceed the gain.'
To read the article in full, please visit www.efinancialnews.com.