- Advertisement -
- Advertisement -

Related

Madrague Holds Firm In Face of Increasing Trump Doubt

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Amid concerns that stock market optimism about U.S. President Donald Trump’s economic agenda may be overblown, Lars Franstedt, Chief Investment Officer and Partner with the $150 million Swedish hedge fund Madrague Capital Partners, is remaining confident:

“The way I look at markets right now, there are a couple of things that speak for a continued upside… so we do not believe there will be correction soon,” Mr Franstedt told Reuters. Madrague’s long/short equity fund was recently awarded best European Equity Fund among funds managing AUM up to $500 million USD for its 2016 performance at the EuroHedge Awards.

His comments come amid fears that market optimism is overstretched and isn’t pricing in political risk for the coming year in Europe, which faces a number of elections that could prove potentially existential for the European project. Partly in consequence, other hedge funds are betting that the rally in equities is on the verge of ending.

Among the hedge funds that are shorting their bets against the Dow Jones Industrial Average in roughly the past month have been Boston-based Baupost Group, London-based Horseman Capital and Marcato Capital Management, according to the Reuters article (republished here).  Worries include a sharp rise in inflation, apprehension about the fallout of Mr Trump’s protectionist rhetoric and uncertainty about the knock-on effects of his overall leadership style.

Others are looking to gold as an insurance policy or are not quite ready to scale up short positions, even as they reduce leverage. For the time being, however, Madrague Capital Partners is holding firm.

 

 

 

Picture: (c) imageflow-shutterstock.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

Ymer to Launch Fourth CLO Fund with Proven Strategy and Structure

Building on the track record of three previous credit funds, Swedish alternative credit specialist Ymer SC AB is preparing to roll out its fourth...

Quirky Questions for: Stefan Nilsson (Hedge Funds Club)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Origo’s Johansson Returns to Sohn Conference with High-Conviction Pick

Swedish stock-picking boutique Origo Fonder is gaining fresh recognition following a strategic transformation, strong performance, and growing assets. The firm’s evolution into an “Origo...

Commodities Lift CTAs Amid Turmoil

In June 2025, the NHX CTA Index was up as losses in stocks and bonds were outweighed by profits in commodities, but briefly erupting...

Finserve Global Security Fund Boosts Quant Edge with Martin Redgård

Under lead portfolio manager Joakim Agerback, the Finserve Global Security Fund has successfully capitalized on the global surge in defense, cybersecurity, and space investments...

Visio Allocator Storms Back After Difficult March

After posting the worst monthly performance in its 15-year history with a 13.7 percent decline in March, the team behind the multi-strategy Visio Allocator...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.