Tue, Apr 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds focused on wealth preservation and European opportunities in 2014

Tuesday, February 04, 2014

Komfie Manalo, Opalesque Asia:

Wealth preservation is foremost in the minds of hedge fund managers in 2014 as well as opportunities in Europe, said Hansjoerg Borutta, group CIO of Zurich-based wealth management service provider Marcuard Heritage in the latest Opalesque Roundtable in Zurich.

"When a year with good market performance comes to an end, every investor's number one goal is to protect the gains made," he said and added, "In fact, the market performance this year was better than anticipated. 2012 was a pretty worrisome year with a lot of tail risks. 2013 was easier, but not really easy. As we are wealth preservation oriented, we did not invest at full throttle in the markets. Our asset allocation varied through the year and we took some money off the table when we achieved certain performance goals or we felt that it was necessary. It is no secret that there are still a lot of issues with respect to the real economy and the financial markets. So we are not following the current equity rally happily and blindly."

But because hedge fund managers have wealth preservation foremost in their minds, Borutta continued, they are always eager to be prepared for the worst case. Fortunately, most of them do not think that most of the tail risks they anticipate are imminent at present.

Even if fund managers are cautious, with QE......................

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 - Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low', Asia CIOs say "non" to Europe, Billionaire Mike Novogratz says he has 10% of his money in Bitcoin and Ether[more]

    Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low' From Reuters.com: London hedge fund firm Ecofin said an offer from Portugal's largest company EDP to buy 22.47 percent of subsidiary EDP Renovaveis "significantly undervalues" the company, in a letter to EDPR's bo

  2. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  3. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  4. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  5. Aris Wealth' quant indices fare well[more]

    Benedicte Gravrand, Opalesque Geneva: Last year, Geneva-based Aris Wealth Management launched indices sponsored by Societe Generale Corporate & Investment Banking. These indices replic