Sat, Oct 22, 2016
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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion