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?

WSJ Logo
It’s the Summer of Too Much Skin at the OfficeExternal link

It’s the Summer of Too Much Skin at the Office