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Quadratic featured in The Economist
FOUR out of five hedge-fund managers had expected Britain to vote to remain in the European Union, according to a poll by Preqin, a data firm. But a handful saw Brexit coming and invested accordingly. They made hundreds of millions by betting against assets that were likely to suffer from an Out vote. Crispin Odey’s…
Read MoreNancy Davis breaks down how to trade volatility on CNBC
Quadratic Capital Management’s Nancy Davis — who correctly predicted the blow-up in the popular wager on low volatility by hedge funds before last week’s plunge — thinks the market will remain turbulent. “It’s created a very large exposure of short volatility, and I think it’s created a huge opportunity for actually owning volatility,” said Davis,…
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