Hedge Funds
Geopolitics
Markets
Iran War Triggers Institutional Capital Shock Beyond Oil Markets
Gulf sovereign wealth fund rebalancing and risk-parity deleveraging expose systemic vulnerabilities in nonbank financial intermediaries as margin calls cascade through derivatives markets.
Energy
Markets
Commodity Trading Giants Lose Billions as AI Models Fail Iran Volatility Test
Margin call cascades exposed systemic fragility in leveraged energy trading infrastructure when algorithmic hedging systems failed to price geopolitical tail risk.
AI
Howard Marks: AI Will Eliminate Most Fund Managers, But the Greatest Investors Will Thrive
Oaktree's co-chairman argues artificial intelligence excels at pattern recognition from historical data—which is precisely why it will fail where elite investors succeed.