Tiger CEO Robertson: Hedge Fund Managers `Scared'
Oct. 26 (Bloomberg) -- Julian Robertson, founder and chief executive officer of Tiger Management LLC, talks about the hedge-fund industry, investment strategy and the outlook for the U.S. presidential election. Robertson, speaking with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance," also talks about billionaire John Paulson’s $100 million donation to New York’s Central Park Conservancy. (Source: Bloomberg)
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What's Causing Concern in China's Banking Sector?
13:50 - China’s central bank watchers have something new to puzzle over. The People’s Bank of China sold 50 billion yuan ($7.5 billion) of 14-day reverse-repurchase agreements on Wednesday, its first offering of anything with a tenor other than seven days since February. Officials are signaling they’re ready to curb leverage in the bond market by making it less profitable for investors borrowing to buy 10-year debt, according to Oversea-Chinese Banking Corp. and Haitong Securities Co. For Natixis SA though, the move shouldn’t be interpreted as anything other than an effort to build out a short-term yield curve. Manulife Asset Management Chief Economist Megan Greene discusses with Bloomberg's Anna Edwards on "Countdown."