Algebris has launched an 'end of the world fund'



Algebris Investments, the €12bn asset manager, has launched an “end of the world fund” pitched as a solution to the nagging fears of institutional investors that another financial-market meltdown or crisis might be overdue.

The fund will be run by Alberto Gallo, a popular investment bank strategist turned hedge fund manager, and will attempt to buy the equivalent of doomsday insurance through investments in credit, fixed income and equities which profit when those markets plummet or gyrate with unusual violence.

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macrocredit © 2019 by Alberto Gallo.

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