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

New Swiss hedge fund endorses the wisdom of following 'the vital few' – but not blindly

Monday, September 12, 2011

Athanasios Ladopoulos
Benedicte Gravrand, Opalesque Geneva:

We heard last week that a fund boutique in Zurich called Swiss Investment Managers (SIM) would be launching the "Directors' Dealings Fund" (DDF) this month. DDF is meant to be the first hedge fund investing solely in the reported share dealings of company directors and senior corporate executives in their own firms.

This might be a good period for such a fund to start, as apparently, more executives at European companies are buying their stock than at any time since October 2008. "Directors have a good ability in timing the market," Chris Montagu, a London-based quantitative strategist at Citigroup, reported earlier this month according to Bloomberg. "One can conclude that, at this juncture, directors see current valuations as an attractive entry point." And insiders of financial companies bought more stock in August than in any month in the last three years, said Hedgeye on CNN, just as bank stocks are heading down following news that the U.S. may sue the major banks for their mortgage-backed securities selling before the ......................

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. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  2. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  3. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso

  4. Barclay CTA Index down 0.40% in September (+0.10% YTD)[more]

    Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe

  5. Opalesque Exclusive: Meet Emma, your friendly A.I. helper[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Shaunka Khire, who co-designed an artificial intelligence (AI) robot called EMMA/MANSI, talks to Opalesque