Venus predicts real estate crisis in China, likes pharmas in India and Israel
By Suzy Kenly Waite
Wed Jun 9, 2010
Boston-based Venus Capital Management, a firm set up in 1994 by former PaineWebber broker Vik Mehrotra, plans to open its global macro strategy to outside investors in 2011.
Following a year of positive performance in its global macro
strategy, Boston-based Venus Capital Management plans to open
its fund to outside investors in April 2011. In 2009, the Venus
Global Macro Fund gained 34.55%, and it is up 7% for the year
The strategy’s success in 2009 was a result of
successful bets on stocks of financial companies, which the
firm purchased in March 2009 at the market’s low
point, and which it continues to hold. The strategy was also
long oil and gold, short the U.S. dollar and long the
ISSN: 2151-1845 / CDC10004H
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.