Wed, Apr 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Credit Suisse recommends defensive strategy, focus on Asia, equities, alternatives in 2012

Thursday, December 15, 2011

amb
Fan Cheuk Wan
Bailey McCann, Opalesque New York

Credit Suisse Private Banking issued a statement yesterday calling for investors to use a defensive strategy throughout 2012. The firm cited sovereign debt risks and global growth concerns that are expected to last throughout the year as reasons for investors to go on the defensive. Researchers with the firm expect global growth to "bottom out," in the first half of 2012. This combined with the real prospect of a third round of quantitative easing in the US and Eurozone spell tough times ahead for portfolios.

Going into to 2012, Credit Suisse Private Banking "recommends to overweight equities and alternative investments and to underweight bonds and cash as the Euro debt crisis is expected to muddle through with the global economy in a sluggish expansion phase rather than a recession." The firm is advising investors to focus on Asia, moving into equities, credits and alternative with a focus on domestic demand and structural growth themes.

"As we enter into 2012, sovereign debt risks and global growth concerns will continue to dominate financial markets. After the European Union Summit of Heads of State last Friday made progress on the new fiscal compact to reinforce fiscal discipline and strengthen fiscal enforcement, we expect significant global headwinds are likely to persist, especially in the first half of 2012 when the markets will focus on the ratification process of the EU fiscal compact. Austerity programs across 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. Investing - Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low', Asia CIOs say "non" to Europe, Billionaire Mike Novogratz says he has 10% of his money in Bitcoin and Ether[more]

    Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low' From Reuters.com: London hedge fund firm Ecofin said an offer from Portugal's largest company EDP to buy 22.47 percent of subsidiary EDP Renovaveis "significantly undervalues" the company, in a letter to EDPR's bo

  2. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  3. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  4. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  5. Aris Wealth' quant indices fare well[more]

    Benedicte Gravrand, Opalesque Geneva: Last year, Geneva-based Aris Wealth Management launched indices sponsored by Societe Generale Corporate & Investment Banking. These indices replic