(Bloomberg) If you want to protect your portfolio, you better go liquid. The current market is “priced for perfection,” said Sean George, a partner and head of fixed income at Swedish fund manager Granit Fonder AB.
“It’s time to step on the brakes a bit,” George, a former Wall Street trader who has returned to Sweden to set up a hedge fund, said in a phone interview on Thursday. “I may not pull the hand brake, but gear down a bit.”