Sun, Feb 25, 2018
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. Opalesque Exclusive: Global Sigma captures February's long-vol trade[more]

    Bailey McCann, Opalesque New York for New Managers: Florida-based Global Sigma rode February's volatility to new highs. The firm's AGSF strategy is up +2.8 percent through February 16 and +4.2 percent YTD a

  2. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu

  3. Investing - Hedge funds turn short on tech just as stock rally takes off, After biggest short, speculators slash bearish US bond bets as supply deluge looms[more]

    Hedge funds turn short on tech just as stock rally takes off From Newsmax.com: A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, ac

  4. Low volatility funds fail to protect investors[more]

    From FT.com: A number of exchange traded funds (ETFs) designed to protect investors from sharp stock market gyrations lost more money than mainstream US stocks during a sell-off this month, underperforming in precisely the conditions in which they were meant to thrive. Low volatility ETFs, lau

  5. Legal - Hedge funds fight to save M&A arbitrage strategy, Fannie Mae and Freddie Mac ruling blow to hedge funds[more]

    Hedge funds fight to save M&A arbitrage strategy From FT.com: Hedge funds which use the US courts to wring higher prices for merger and acquisition deals are fighting to save the lucrative investment strategy, after a Delaware court ruling that threatens to shut it down. Verition Partner