Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Metals investors tend to invest at the top of the market - Part two

Monday, May 05, 2014

amb
jacques_bally.jpg
Benedicte Gravrand, Opalesque Geneva:

Jacques Bally, founder of Bally Capital Advisors SA, a Swiss-based investment advisory management company that organized the March Swiss Mining Institute conference in Geneva, talks to Opalesque about investors’ love and hate for their asset managers, the most popular metals and geographical locations, and gives his outlook for this asset class.

Part One here.

Opalesque: Metals and mining investments are quite risky and volatile. You said earlier that investors coming to Switzerland want a bit of security, yet, they still go for mining and metals.

Jacques Bally: There is always this relation of hate and love between the investor and his asset manager. Of course, the asset manager, when something goes well, goes to the investor and says, oh, we did very well, we invested in mining, we did great results last year. Then it takes some time until the investor say, oh yes, I saw that this is great, it's on the newspaper, let's invest. But unfortunately this is probably the top of the market.

It really impacts a lot the way people are working. A lot of investors lost a lot of money in the mining sector, and only a few m......................

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. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  2. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  3. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  4. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style

  5. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as