Sun, Feb 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

For fiscal cliff wary asset managers, Investor Analytics offers stress tests

Wednesday, November 28, 2012

Bailey McCann, Opalesque New York: Asset managers and owners have a new weapon in understanding and preparing for the fiscal cliff, such that it happens in the US. Investor Analytics LLC (IA), a global leader in risk management solutions, has developed stress tests for asset managers and owners to navigate through any "fiscal cliff" outcome. IA estimates that balanced funds comprising US equities and bonds may suffer losses in the range of 10% to 21% from the fallout of fiscal cliff negotiations. IA’s stress tests are designed to help managers prevent catastrophic loss by stressing portfolios against the gamut of potential market reactions.

"Fiscal Cliff" has become the catch-all term for the package of across-the-board budget cuts included as part of last year's deal to raise the US federal debt ceiling, that ultimately resulted in the first ever credit downgrade of the US. The budget cuts will begin on January 1, 2013 and span the remainder of the year if no deal is reached on broader debt restructuring before then. Many have described the cuts as apocalyptic, although they essentially bring US spending back in line with 2007 levels.

Congress is expected to deal with the fiscal cliff and at a minimum get to some temporary deal in the lame duck session, although Senate Majority Leader Harry Reid (D-NV) said today in a press conference with reporters that "little progress," had been made causing US equities to tick ......................

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed