{"id":49007,"date":"2015-07-02T00:43:21","date_gmt":"2015-07-02T04:43:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=49007"},"modified":"2015-07-02T00:43:21","modified_gmt":"2015-07-02T04:43:21","slug":"as-greece-sits-on-the-financial-cliff-tiger-managements-robertson-is-having-a-decent-week","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2015\/as-greece-sits-on-the-financial-cliff-tiger-managements-robertson-is-having-a-decent-week.html","title":{"rendered":"As Greece Sits On The Financial Cliff, Tiger Management&#8217;s Robertson Is Having a Decent Week"},"content":{"rendered":"<p>New York (HedgeCo.net) \u2013 With Greece on the edge of a huge financial cliff and Puerto Rico\u2019s governor declaring the island nation\u2019s debt \u201cunpayable\u201d, indices around the world tumbled on Monday. While that was bad news for many investors, there were some investors that were smiling at Monday\u2019s outcome.<\/p>\n<p>One such investor is hedge fund legend Julian Robertson. Robertson founded and operated Tiger Management, one of the world\u2019s largest hedge funds, until he returned investor money and started focusing exclusively on managing his own investments.<br \/>\nIn an interview with Bloomberg, Robertson revealed that he was short Assured Guaranty LTD (NYSE: AGO), one of the world\u2019s biggest bond insurers. The news about Puerto Rico hit AGO particularly hard and the stock was down as much as 16.1% on Monday. <\/p>\n<p>Robertson was also gaining from a fall in the Euro, stating \u201c\u201cI\u2019ve had a good position on being short the euro for a long time, so that\u2019s been nice.\u201d However, Not all the news was good for Robertson as he also revealed exposure to Chinese stocks and the Shanghai Composite Index fell 3.3% on this week.<\/p>\n<p>Rick Pendergraft<br \/>\nResearch Analyst<br \/>\nHedgeCoVest<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) \u2013 With Greece on the edge of a huge financial cliff and Puerto Rico\u2019s governor declaring the island nation\u2019s debt \u201cunpayable\u201d, indices around the world tumbled on Monday. While that was bad news for many investors, there [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,3,16048],"tags":[],"class_list":["post-49007","post","type-post","status-publish","format-standard","hentry","category-hedgeco-networks-press-releases","category-hedgeco-news","category-hedgecovest-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=49007"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49007\/revisions"}],"predecessor-version":[{"id":49008,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49007\/revisions\/49008"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=49007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=49007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=49007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}