Fri, Jul 25, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Russia is misunderstood, says Emerging European hedge fund manager

Monday, August 27, 2012

An Opalesque column for macro investors.

Benedicte Gravrand, Opalesque Geneva:

SG Alpha, an investment management boutique specialising in Emerging European equities, has written a paper in response to a Financial Times article, which advocates dropping Russia from the BRIC nations block (which also includes Brazil, India and China). According to this article, the Russians are corrupt, rude, autocratic, drunk, and difficult to do business with, and the country’s population and political relevance are decreasing (Time to blackball Russia’s autocratic state - By Ian Bremmer and Nouriel Roubini, May 29th, 2012).

SG Alpha’s Emerging Europe Fund, a long/short equity hedge fund, is +4.69% net for the USD class and +3.63% net for the EUR class share since its December-09 inception, compared to the MSCI EE USD Index's performance of -9.96%, and the Eurekahedge EE & Russia Hedge Fund Index’s performance of -6.50% (est.) for the same period.

Corruption The FT article cites Transparency International’s Corruption Perceptions Index, which ranks countries/territories based on how corrupt their public sector is perceived to be. Out of 182 points, Russia ranks 143rd – along with Azerba......................

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag