Hedge Funds

Hedge fund adviser Patrick Ghali on crypto, ESG and why clients are dumping ‘any exposure to China’

'I don't see anyone who's putting on a big trade,' said Sussex Partners' co-founder Patrick Ghali

'Bears are worried that China could position itself in such a way that it becomes a pariah state,' says Sussex Partners
'Bears are worried that China could position itself in such a way that it becomes a pariah state,' says Sussex Partners Photo: Bloomberg via Getty Images

Patrick Ghali, co-founder of hedge fund advisory Sussex Partners, talks with Financial News about how his clients are adapting to this year's sharp downturn in markets and how they're positioning for a recession, a crypto winter and sustainable investing.

His comments have been edited for clarity.

What are clients saying about the macro environment right now?

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