Vincent Versaci - Clough Global Independent Trustee

GLO Fund  USD 5.28  0.05  0.96%   
Vincent Versaci is Fund Manager at Clough Global Opportunities
Hon. Vincent W. Versaci is an Independent Trustee of Clough Global Opportunities Fund. Judge Versaci has served as a Judge and Supreme Court Justice in the State of New York since January 2003. Currently, Judge Versaci is assigned as an Acting Supreme Court Justice and also presides over the Surrogates Court for Schenectady County, New York. Previously, Judge Versaci has served as an Adjunct Professor at Schenectady County Community College and a practicing attorney with an emphasis on civil and criminal litigation primarily in New York State Courts. Judge Versaci has served as a member of each Funds Audit Committee, Nominating Committee and as a Trustee since March 2013.
Age 48
Tenure 11 years
Phone416 203-9483
Webwww.globalatomiccorp.com

Clough Global Management Performance (%)

The company has Return on Asset of (0.39) % which means that on every $100 spent on assets, it lost $0.39. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (37.98) %, meaning that it generated no profit with money invested by stockholders. Clough Global's management efficiency ratios could be used to measure how well Clough Global manages its routine affairs as well as how well it operates its assets and liabilities.
Clough Global Opportunities has 257.38 M in debt with debt to equity (D/E) ratio of 0.75, which is OK given its current industry classification. Clough Global Opport has a current ratio of 1.28, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Clough Global until it has trouble settling it off, either with new capital or with free cash flow. So, Clough Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clough Global Opport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clough to invest in growth at high rates of return. When we think about Clough Global's use of debt, we should always consider it together with cash and equity.

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Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. Clough Global Opportunities Fund was formed on January 12, 2006 and is domiciled in the United States. Clough Global operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. The fund is not classified under any group at the present time.

Management Performance

Clough Global Opport Leadership Team

Elected by the shareholders, the Clough Global's board of directors comprises two types of representatives: Clough Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clough. The board's role is to monitor Clough Global's management team and ensure that shareholders' interests are well served. Clough Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clough Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Butler, Independent Chairman of the Board of Trustees
Sareena KhwajaDixon, Assistant Secretary
Clifford Weber, Independent Trustee
Jerry Rutledge, Independent Trustee
Kevin McNally, Trustee
Karen DiGravio, Independent Trustee
Adam Crescenzi, Independent Vice Chairman of the Board of Trustees
Jill Kerschen, Assistant Treasurer
Edmund Burke, Principal Executive Officer and President Trustee and Member of Executive Committee
Jeremy May, Principal Financial Officer, Treasurer
Vincent Versaci, Independent Trustee
Bradley Swenson, President Principal Executive Officer
Lucas Foss, Chief Compliance Officer
Jennifer Craig, Assistant Secretary

Clough Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Clough Global a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Clough Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clough Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clough Global will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Clough Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clough Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clough Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clough Global Opportunities to buy it.
The correlation of Clough Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clough Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clough Global Opport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clough Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Clough Fund

Clough Global financial ratios help investors to determine whether Clough Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Clough with respect to the benefits of owning Clough Global security.
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