Mon, Aug 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Steve Bulko of Lombard Odier Investment Managers says major move into equities is on the horizon

Friday, May 03, 2013

Bailey McCann, Opalesque New York:

While the defensive rally into equities may be top of mind for some investors, Steve Bulko, Chief Investment Officer of Lombard Odier Investment Managers’ 1798 Fundamental Strategies Fund, says a much larger move into equities looms on the horizon. Bulko is the New York-based CIO for 1798, and the fund's name comes from the date his parent company Lombard Odier & Cie, was founded. Lombard Odier & Cie is one of the oldest private swiss banks. Although a broadly diversified asset management firm, Lombard Odier Investment Management’s focus here in the United States is on alternatives.

The 1798 fund has approximately $1bn in assets under management, in a diversified, US-focused long/short fundamentals strategy. The fund divides its internal team into sectors, and each sector has its own manager. "We have a fairly traditional multi-PM approach built around fundamental research, but one team per sector set-up gives us a better sense of where our risk is deployed," Bulko explains in an interview with Opalesque.

He says that, unlike other fundamental shops which have shown a recent preference toward mega-cap blue chips, they are staying out. "We are patient when it comes to capital allocations, reviewing allocations monthly, but making changes less frequently. In terms of cap exposure, we tend to be in more mid-cap names."

To him, the current rally in equities is largely a mutual fund-driven trend, and it could last. "I th......................

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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq