they have nothing to do with evergrande bonds, i'm documenting evergrandes demise and the signs of a market downturn which would include hedge funds closing voluntarily or defaulting. we now know they've experienced heavy losses and a massive sell-off will happen or has happened seeing as how they're returning billions of dollars to their customers. they had puts on meme stocks and were likely shorting them as well through swaps.
domo capital alluded to it last month.
Understood. I would think the return of assets and fund wind downs result in a flight to safety. Which asset class do you see HF partners placing capital next? Commodities are overpriced and they can’t keep it in cash as we are approaching peak inflation. That is the trillion dollar question.