Thu, Apr 18, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Falcon Private Bank sees huge interest in gold equities in 2012

Wednesday, November 28, 2012

From Komfie Manalo, Opalesque Asia:

Swiss private bank Falcon Private Bank sees plenty of opportunities in gold equities and has teamed up with John Hathaway from Tocqueville Asset Management and to operate a large gold equities fund that experienced good inflows (over $40mjust over the last two months).

Speaking during the latest Opalesque 2012 Zurich Roundtable Jeffrey Haindl, who heads Falcon’s product strategy, said that after experiencing over $1bn of inflows this year, the bank is looking with interest at the yellow metal.

The Opalesque 2012 Zurich Roundtable took in the office of Eurex and was sponsored by IDS, Taussig Capital and Eurex.

"We see great opportunities there as gold mining stocks trade at big discounts to gold," Haindl told the Roundtable participants and added, "Central banks around the globe keep printing money, which helps some of these real-asset oriented strategies. People look for a safe haven."

He explained that as fundamentals in most emerging markets keep improving, Falcon Private Bank continues to see interesting opportunities in high yield in emerging markets in general and in the Mena region in par......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1