Mon, Apr 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

IAM CEO predicts investment year ahead as less dependent on macro economic developments

Thursday, March 01, 2012

Beverly Chandler, Opalesque London: Morten Spenner, CEO at International Asset Management Limited (IAM), one of the oldest specialist independent fund of hedge funds managers, believes that while the evolving European developments have the potential to meaningfully impact the direction of markets, his central expectation is for continued uncertainty and associated high volatility in underlying markets. Spenner writes: "In this environment diversification, sought across strategies as differentiated performance, is more likely to be driven by manager selection".

The firm also believes that there will be a greater focus placed on strategic themes that are less dependent on macroeconomic developments. "This both includes managers with defensive characteristics producing more predictable returns and managers that are capable of providing higher potential upside captures from more opportunistic areas".

IAM's favoured strategic themes include:

  • Fixed Income Relative Value and Macro: Significant market activity, high volatility and fixed income market movements are providing opportunities for managers focused on curve trading, auctions and future levels of interest rates in government bond markets.
  • Credit: Managers with fundamental credit and balance sheet analysis skills and technical trading experience are favoured. Our managers with a long/short approach aim to produce a positively convex return profile that is a valuable diversifier for mos......................

    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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably