Sun, Feb 7, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: In search for Alpha: Event driven strategy benefits

Monday, August 04, 2014

amb
Alex Gavrish
This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."

Delivering Alpha Conference Recent Delivering Alpha conference attracted many prominent names in the investment management industry. List of speaker included such high-profile fund managers as Nelson Peltz, John Paulson, Carl Icahn, Bill Ackman, Ken Griffin, and many others. Among them was another well known, but less media-covered person. It was Leon Cooperman, founder of the hedge fund firm Omega Advisors. He shared with guests his investment ideas, and we believe one can extract some valuable insights from his presentation.

Leon Cooperman's Stock Picks First, while Carl Icahn with Bill Ackman were bragging about Herbalife stuff and other speakers presented only a few of individual names, Leon Cooperman gave a whole list of 12 stock picks. Last year, he gave 10 companies, which returned about 19% on average over the next 12 months. The 2013 list included Express Scripts, Qualcomm, Thermo Fisher Scientific, Qualicorp, Sandridge Energy, Arbor Realty Trust, Atlas Resource Partners, Chimera Investment Corp, THL Credit, and KKR Financial Holdings. The 10 stock picks the fund manager pitched in 2012 also performed well and returned 36% on average over the next 12 months.

Second, and a more interesting aspect of stock picks was that Leon Cooperma......................

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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider