Thu, Oct 20, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds could see shakeout as equities return to fundamentals based valuations

Thursday, March 14, 2013

Tim Ng
Bailey McCann, Opalesque New York:

Recent shifts in the equities market may lead to a mini-shakeout in the hedge fund industry, according to Tim Ng, Managing Director and Head of Research at Clearbrook Global Advisors. He notes in an interview with Opalesque, that as the equities market is starting to pick up this year, fundamentals driven stock pickers may see improved performance as the dispersion of earnings, revenues, and growth rates between companies widens.

"The equities market has been a big surprise this year, and managers that have discipline and can do a good fundamental analysis may win out over those that have just been capturing the beta in recent markets," he says.

Clearbrook Global Advisors, is a privately held, independent investment management firm for institutional and high net worth investors with more than $40bn in assets under advisement. The firm recently released their 2013 market outlook which details opportunities they see for endowments and foundations in alternatives.

Hedge funds are one of the largest allocations for US university endowments and other institutions, but recent performance is raising questions over fees and the longevity of hedge funds outsized returns. According to Ng, there are still opportunities for institutions but they may need to adjust how they approach more traditio......................

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. Macro hedge funds up 3.3% in one week on Fed and Brexit pays off[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were boosted by the strong performance of global macro funds, with the Lyxor Global Macro Index gaining 3.3% as of the week ending Oct. 11 (-1.7% YTD), Lyxor Asset Management reported. Their short on the p