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 Australian and...
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