Tue, Sep 16, 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

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 - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

  4. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

    Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.

  5. Alpha Strategic buys stake in Premium Point Investments[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Alpha Strategic plc, a affiliate of