Thu, Apr 24, 2014
A A A
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

amb
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

Banner
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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac