Debacle at Archegos throws excessive risk-taking into spotlight

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Highly leveraged Archegos Capital’s downfall is the latest signal of investors’ hunger for risk-taking being far from satiated even after a run that has lifted the S&P 500 index around 80% in a year. The impact of the hedge fund’s troubles seems to have been limited so far to a handful of stocks – from ViacomCBS and Discovery to the shares of investment banks who dealt with the fund, such as Credit Suisse – without rippling out into broader markets. Yet, there are other signs that the mood has turned exuberant in recent months, leading to potentially e…

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HEDGE accordingly