Thu, Sep 1, 2016
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. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  2. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  3. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  4. Investing - Hedge funds express interest in acquiring Terraform's class B shares, REIFs: A new opportunity for foreign real estate investors, $21bn distressed expert hedge fund likes these 4 ideas, This merger arbitrage ETF is drawing increased interest, Investors look to emerging Asia for returns[more]

    Hedge funds express interest in acquiring Terraform's class B shares From Thecountrycaller.com: The US residential solar provider, Sunedison Inc. has received a bid from hedge fund manager D.E Shaw & Co LP for controlling a stake in its Yieldco TerraForm Power Inc. According to Reuters,

  5. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin