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Alternative Market Briefing

Hedge funds bullish on global telecom and cable, media and gaming

Wednesday, July 03, 2013

Komfie Manalo, Opalesque Asia: A hedge fund manager who attended the latest Opalesque 2013 West Coast Roundtable has expressed a bullish outlook on global telecom and cable, media and gaming industry.

Chris Ainsworth COO and CFO of registered investment advisor Maerisland Capital, LLC, said that because the market is enjoying high liquidity, the rise in tide is lifting everything at this point that has created opportunities not only on the long side of investing and riding the wave but also on the short side.

"As a global long/short fund, we see these opportunities on a global basis and invest in local markets globally," Ainsworth told the delegates and added, "Some of the areas that are extremely interesting to us right now. Given our portfolio manager's background in the TMT space, we find the global telecom and cable space extremely interesting, offering huge opportunity."

The Opalesque 2013 West Coast Roundtable took place in Las Vegas in May and was sponsored by Sunrise Capital, The California Hedge Fund Association, Eurex and Taussig Capital.

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