Chapter 304: CDS
"Others are double twos, and we are willing to give Mr. Lei three twos, but we are almost unable to withstand the pressure from our superiors. Pen Fun Pavilion www.biquge.info" Feng Ruoting stood next to the battery car, looking at Lei Hao, her eyes flowed, with a hint of disgust, and said: "Mr. Lei is really not a person who pities fragrant and cherishes jade, I have asked you eight times if not ten times, right?" ”
"Ray is busy, Tina, I'm free." Nick glanced at Feng Ruoting's towering upper body greedily, and then faced Lei Hao with some envy and jealousy in his heart.
Mature women are king, you are young, you don't cherish such a good opportunity, it's too wasteful.
A group of people wearing golf suits, standing next to the battery car drinking water, chatting, the caddies are not allowed to approach, and the assistants who are responsible for handing towels are their respective assistants.
The temperature in late September was not low, Lei Hao sweated, and endured the teasing of Feng Ruoting, who was born in the insurance industry, and felt a little embarrassed in his heart.
Not to mention Qiu Yuting's close attention, even if he doesn't have a girlfriend, Lei Hao doesn't want to put the flow of more than 100 million funds on the bed to solve it.
"I welcome everyone who wants to invest in quantitative hedge funds." Lei Hao wiped his sweat with a towel and said to the group: "Isn't the contract for this project already negotiated?" ”
"Ray, you should know that this is not what we want." Nick got serious, looked at Lei Hao, and said, "Remove the word quantification, let's talk about hedge funds." ”
"Yes, Ray, we have confidence in you, quantify these two words, you don't have to take them to heart." David was also shining next to him.
Feng Ruoting flattered in a timely manner: "Prudential can invest in quantitative hedge funds, I have promised all the amount to Mr. Lei, on the hedge fund side, I am personally willing to take greater risks." ”
"The risk is high, and the return will naturally increase accordingly." John added.
These people are all old monsters in the financial circle, they have experienced financial crises, suffered huge losses, and participated in exaggerated investment projects like Thunder No. 1, but Lei Hao is clean, very clean.
For people in the financial circle, it is very important to make money cleanly, these clean money, they can use it in many places without worrying about being checked, and then through some means, clean and unclean are mixed together, which is sour, it is needless to mention.
But everything has a degree, you can be great, how much we should give is something to consider, we can't make 100 million from you, we have to have 200 million worth of expenditures.
Quantified vs. non-quantified 10 to 1? They don't accept it.
Is the return on the side of private hedge funds too high? People don't want to.
Too many channel resources to pay? Everyone needs to think about it.
"I have decided to temporarily close all funds to funding." Lei Hao wiped his hands and looked at Nick and a few people, until these people showed surprised and inquiring eyes, and then he continued: "Let's talk about another cooperation, and when this cooperation is over, we will restart the contract negotiations, how about it?" ”
"What cooperation?" Nick asked eagerly as he smelled the money.
Su Yiwen didn't speak beside him, but now, he also showed a serious expression.
“cds!” Slowly glancing over these people, Lei Hao said with a smile: "I want all the channels for the investment targets in the global financial market, and this time, I will give money." ”
The scene of the "......" was silent.
Give the channel, it's nothing, you can help Thunder Investment connect these things first, but CDS ...... There are many doorways.
What does Lei Hao want to do?
"As far as I know, Thunder Investments does not have exposure, does it need a credit default swap contract?"
"Thunder Investment also did not release loans, do CDS? Are you ready to bet? ”
Two questions were thrown out.
The so-called CDS, which is a credit default swap or a credit default swap, is a product that is well known to the world during the subprime mortgage crisis.
Generally speaking, you take out a loan with me, and then I think you are going to default, so I give him a little money, let him take the risk, if you pay back, you and I will act according to the contract, if you don't give or can't give, then I will ask him for money.
It's like an insurance policy, more like an option, if the debtor doesn't pay back or can't pay it back, then the creditor who bought the CDS can sell the bond at face value to the CDS seller.
After a period of development, CDS has developed a lot of varieties, including pure gambling, I buy CDS, because I think that the debtor of the underlying bond has to rely on the debt or the risk of defaulting on the debt is very high, or one of the debtors of a variety of underlying bonds must rely on the debt, then I will make money, otherwise, I will lose money.
For large institutions, CDS is a commonly used hedging tool...... Let's see.
"I want to get involved in the European debt crisis." Lei Hao looked at Nick, he knew that among the four people, Nick was the most familiar with the securities market.
"It's a meat grinder, and it'...... Ray, don't you think it's too late for you to go in now? Nick frowned: "More than ten years ago, Greece's entry into Europe was an account made by Goldman Sachs, and now it has developed into a small profit margin." ”
"That's why I'm temporarily closing the fund's financing channel to avoid customers from suffering losses." Lei Hao turned his gaze to Luo Gaiting, and said with a smile: "Sheng Xiang can also withdraw from this plan. ”
"Instead, I want to ask Mr. Lei," Luo Gaiting said expectantly, "How much more money do you need?" PNX can provide. ”
"I'm more inclined to borrow from banks." Lei Hao turned his head, got into the battery car, and the group went to the next swing point.
In the car, the hearts of the crowd began to beat violently.
The European debt crisis is undoubtedly a banquet of capital, where some people lose money, and some people must make a lot of money.
But Lei Hao has a disadvantage, he came too late.
More than ten years ago, Greece entered the European Union, in order to meet the standards set by the European Union, Greece gave Goldman Sachs 300 million US dollars as a handling fee, and made the accounts colorful, but Goldman Sachs turned around and began to do CDS with major banks, and then ...... The European debt crisis began in Greece.
There is no doubt that things have developed into the high (tide) period, the entry has been entered, the positions that should be held have been held, Goldman Sachs, HSBC, Keda and other institutions have participated, Thunder Investment? What do you want to do with this little one?
"Ray, what do you think?" Nick remembered Lei Hao's previous performances and showed great interest.
"I want CDS and channels, the most affected part of the securities target, I want to do investment, and ...... You can follow up. Lei Hao looked very "atmospheric", but he was also very arrogant. (To be continued.) )