Thursday, September 17, 2015

How One Hedge Fund Manager Predicted RMB's Depreciation One Year Ago

Forbes Real Time
How One Hedge Fund Manager Predicted RMB's Depreciation One Year Ago
Carl Huttenlocher is now one of my favorite hedge fund managers. Why? Because one year ago, the chief investment officer of Hong Kong-based Myriad Asset Management predicted, correctly, that the RMB would and must continue to devalue - at a time when mainstream wisdom believed in China's ability to keep a [...]

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