{"id":62867,"date":"2018-03-21T00:02:25","date_gmt":"2018-03-21T04:02:25","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62867"},"modified":"2018-03-20T22:07:11","modified_gmt":"2018-03-21T02:07:11","slug":"hot-hedge-fund-loses-21-after-bet-on-volatility-goes-wrong-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2018\/hot-hedge-fund-loses-21-after-bet-on-volatility-goes-wrong-2.html","title":{"rendered":"Hot Hedge Fund Loses 21% After Bet on Volatility Goes Wrong"},"content":{"rendered":"<p>(Bloomberg) In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd.He\u2019d turned $50 million into an operation with more than $700 million over three years and delivered market-beating returns, earning a reputation as one of the hottest hands in the business. Until last month. The 41-year-old veteran, who started at JPMorgan Chase &#038; Co.\u2019s pioneering credit-derivatives business in 1999, was caught out by a market turn that gave him what could be the biggest drubbing of his career. Ahmad\u2019s London-based Decca Fund lost 21 percent, or $147 million, in the month of February, following its wrong-way bet on volatility.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-19\/a-hot-hedge-fund-hand-goes-cold-in-wrongway-bet-on-volatility\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd.He\u2019d turned $50 million into an operation with more than $700 million over three [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62867","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62867","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=62867"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62867\/revisions"}],"predecessor-version":[{"id":62868,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62867\/revisions\/62868"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}