Bluecrest Capital Management CEO Michael Platt talks about the Spanish debt crisis, sovereign debt markets and his investment strategy.
Showing posts with label BlueCrest. Show all posts
Showing posts with label BlueCrest. Show all posts
Thursday, November 15, 2012
Tuesday, May 22, 2012
Interview of the week: Michael Platt (BlueCrest)
Eurobonds Needed if Greece Leaves Euro, Platt Says
Michael Platt, founder of BlueCrest Capital, talks about the European debt crisis, investment strategy, and JPMorgan's $2 billion trading loss. BlueCrest is one of the largest hedge funds in the world with $32B AUM.
“They [JP Morgan] are not out of those positions. If we end up with a catastrophe in Europe in the short run, they’re probably not positions that anyone would want to have.”
“I don’t think they could be described in any way as a hedge. I think it’s a trading loss. They deliberately put the positions on. The London whale, who has subsequently been harpooned, put the positions on.”
Michael Platt, founder of BlueCrest Capital, talks about the European debt crisis, investment strategy, and JPMorgan's $2 billion trading loss. BlueCrest is one of the largest hedge funds in the world with $32B AUM.
“They [JP Morgan] are not out of those positions. If we end up with a catastrophe in Europe in the short run, they’re probably not positions that anyone would want to have.”
“I don’t think they could be described in any way as a hedge. I think it’s a trading loss. They deliberately put the positions on. The London whale, who has subsequently been harpooned, put the positions on.”
Thursday, December 15, 2011
Michael Platt (BlueCrest) on Bloomberg
Michael Platt, founder of the $30B hedge fund
BlueCrest, says that most European banks are
insolvent, and that the situation will worsen in 2012 as the region’s debt crisis
accelerates.
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