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sopher
[ soh-fer; Sephardic Hebrew saw-fer; Ashkenazic Hebrew soh-fer ]
noun
Word History and Origins
Origin of sopher1
Example Sentences
Rick Sopher, chairman of LCH, a fund of funds firm that tracks returns and is part of the Edmond de Rothschild Group, said 2022 was a year of "great divergence" in which several of the top 20 managers managed to make gains for their investors despite the significant falls in equity and bond markets.
"The net gains generated by the top 20 managers for their investors ... were the highest ever," topping 2020's gains which also set a record, Rick Sopher, LCH's chairman said.
They "generally did not fully capture the spectacular returns available in equity markets," Sopher said, adding "their low net exposure and a difficult environment for short selling limited their returns."
Sopher, 15: “You know how in Rogue One they had the hammerhead space ship fly into the star destroyer and move it with that little ship’s force? That’s what they have to do, with a fleet of small sailboats.”
“The net gains generated by the top 20 managers for their investors of $63.5 billion were the highest in a decade. In that sense, 2020 was the year of the hedge fund,” Rick Sopher, LCH’s chairman, said in a statement.
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