Star Fund Manager Draws 2008 Parallels in Volatility Return
Originally Published 7 months ago — by MarketWatch
Steve Diggle, a renowned hedge fund manager known for his tail-risk strategies during the 2008 financial crisis, is returning to the volatility business with a new fund, VAILS, as he sees parallels between current market conditions and those before the 2008 crisis, citing increased risk mispricing, geopolitical tensions, and economic challenges. Unlike previous times, he emphasizes transparency and tactical positioning, utilizing AI to identify vulnerable assets and hedge against potential market downturns.