Wed, Apr 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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its