Hedge Fund Boss Builds ‘Ignore Trump’ Strategy in Oil Stocks

Anaconda Invest SA, a boutique hedge fund focused on energy, says it’s decided to disregard statements by US President Donald Trump about the Iran war, in an effort to avoid being distracted by an excess of signals.

“We try to ignore Trump,” Renaud Saleur, chief executive of Geneva-based Anaconda, said in an interview. The implications of the president’s commentary for stocks and derivatives are “not manageable,” and “he changes opinion ten times a day.”