Sun, Feb 14, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Lyxor research reports positive news for alternative assets

Tuesday, January 29, 2013

Beverly Chandler, Opalesque London: The latest report from Lyxor research finds that there are two key calls for 2013: risky assets will outperform safe havens and hedge funds offer inviting risk-return profiles.

Lyxor claims that the roots of their optimism lies in the realization of three scenarios. "First, we expect a pickup of world activity, starting in the first quarter of 2013, led by US and Asia. Second, we anticipate calming of political risks, following the recent non - US fiscal cliff - event, and the ongoing success of OMT measures in the Euro-zone. Lastly, we believe that Central Banks should maintain ultra-loose monetary policies, as employment troubles take time to heal."

Lyxor argues that it’s time to prefer equities which remain historically cheap relative to safe haven bonds. "Last year already saw the onset of normalization in equity risk premiums. We believe that risk premiums will ease again in 2013, as improving economic conditions prompt investors to become less and less reluctant to buy "risky" equities rather than "safe" government bonds" the firm writes.

"European equities are well positioned. Indeed, debt fears in peripheral countries sent domestic valuation metrics on ugly levels compared to their counterparts. European equities have room to significantly outperform U.S. equities in 2013. Moreover, the recent relaxation of Basel III rules should be a positive trigger for European Bank related......................

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. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  2. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  3. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  4. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  5. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi