Tue, Sep 30, 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

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is