Wed, Jul 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Salida cautious in ‘10 after two funds up over 200% in ‘09, launches Wealth Preservation Fund

Wednesday, January 27, 2010

From the Opalesque team:

Toronto-based Salida Capital said in a recent special report entitled: “Preserving Wealth in an Uncertain World,” that funds which took risk “during the dark days or late 2008/early 2009” were handsomely rewarded when the global economy recovered starting the second half of last year.

But the alternative investment manager is advising caution this year and added that not even the most optimistic market forecasters could predict the positive economic performance of last year would be duplicated in 2010.

Key financial experts who attended the recent eight annual Dow Jones Indexes Global Economic Outlook, predicted that 2010 would be marked by global recovery, strength and rising company earnings. But they said growth would be unbalanced across the globe.

Billionaire investor George Soros, Nobel laureate economist Joseph Stiglitz and famously bearish economic forecaster Nouriel Roubini, at Davos this week, warned the economic recovery would prove weaker than financial markets are betting, and the 10-month rally in global stocks may falter, said Bloomberg. And the hedge fund manager of the $500m HT Asian Catalyst Fund, Ophelia Tong, ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New