Mon, Mar 19, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Why we may not realize Black Monday even after the event has started

Tuesday, February 20, 2018

Komfie Manalo, Opalesque Asia:

The best-case scenario in any market environment is when you would know when the event happens. But according to Vishweshwar Anantharam, co-founder and CEO of multi-asset macro fund Vanhau Asset Management, most likely even after the event has started, you might not really realize that the Black Monday is upon you.

Addressing the participants in the Opalesque Hong Kong Roundtable, Anantharam explained that the events leading to the 2008 global financial crisis had all the signals all the way from 2007.

He said, "Bear Sterns went down in March of 2008 and in July of 2008, Chuck Prince the then CEO of Citibank was saying that he is still dancing to the music. Then we had the Lehman event in September which was a surprise despite the set of bizarre set of events which transpired before the eventual fall. So I don't think one can time the market exactly and I agree that the only way one that can do it is probably to be allocated to various strategies and then try to increase the allocation as you see various warning signs."

Given the fact that the Hong Kong Roundtable was published mid January 2018, a lot of his statements have been validated since then: Without saying an exact time frame, Anantharam hinted that the timing for another market correction is near because for the first time after eight......................

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 funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  2. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  3. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  4. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  5. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched