From Komfie Manalo, Opalesque Asia:
Los Angeles, California-based Vanguard Axis LLC’s hedge fund manager and Managing Member Garen Ovsepyan said he expects the coming months to place more emphasis on central banks’ support to local governments, across the globe to provide investors with the confidence to put more cash out of their pockets and into the market, whether it be buying commodities or buying into stocks, all this does is simply devalue the dollar.
The fund is currently featured in Opalesque Solutions' Emerging Managers Database.
In an exclusive interview with Opalesque, Ovsepyan said, "We’ve become accustomed to the Fed talking down the dollar and driving money into the equity markets for some time now, as the equity market being higher is a 'sign’ of recovery. So essentially the tradeoff is simply the same, end of day this is all psychological and short sighted. In Europe we have one bailout after another, each one with a different possible outcome and risks to the European economic state of being, now that Greece is out of the way, Spain, Portugal, Ireland and Italy will take the stage, who’s next? What’s next? What if?"
According to Ovsepyan, all these scenarios are played out over and over by analysts and traders across the globe. In Asia investors and hedge fund managers have worries......................
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