Fri, Jun 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Mixed signals from Europe with Greece attracting investor interest but Germany reporting fifth month of decline

Tuesday, September 25, 2012

Beverly Chandler, Opalesque London: Some support for the results of the BofA Merrill Lynch fund manager survey last week, reported in Opalesque, that found that fund managers were becoming less fearful of European sovereign risk, comes in the news that Exotix, the frontier market investment banking boutique’s has conducted a successful investor road show in Athens, Greece. The roadshow saw investors from the UK, the US and even one Russian fund, with a collective pool of assets under management of over $40bn take part in a series of meeting with corporates and policy makers discussing the outlook for the Greek economy.

Exotix reports: "The participation of these funds marks an important change in sentiment towards Greece. The fear of a sovereign default turned away investors in their droves, shrinking equity markets and turning corporate debt markets illiquid. Sign of renewed investor appetite is welcome news to undervalued Greek corporates that have struggled to gain access to capital throughout the debt crisis".

George Zois, Head of Greek Equities & Capital Markets, at Exotix, commented "With the fear of a 'Grexit' diminishing, investors are waking up to the opportunities on offer in Greece. Many Greek corporates are eager to gain access to much needed capital and such......................

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. Comment: For emerging market debt, a sustainable recovery[more]

    Matthias Knab, Opalesque: Standish Mellon Asset Management Company writes on Harvest Exchange: After several difficult years, the outlook for emerging market debt (EMD) denomin

  2. J.P. Morgan Global Alternatives raises distressed shipping fund[more]

    From Institutionalinvestor.com: J.P. Morgan Global Alternatives has closed a $480 million fund to invest in distressed shipping assets, attracting capital from pensions, endowments and insurance companies. The firm, which has been investing in maritime for more than a decade, initially targeted $400

  3. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  4. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  5. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is