Sign up here for our A SQUARE Publication - get each issue in real time by email as Opalesque publishes them.
[20Aug08] Expertise on Russian Rail Leasing "Based on our calculations investments in freight railcars alone, will account for more than US50 bn at current prices. "
[08Aug08] European perspective on investing in the railway market The recent spike in energy prices, legislation that enforces road tolls and ecological policies are all supportive of the impetus already in place
[26Apr13] 'Alternative asset' investment funds in the UK Analysis: Alternative asset funds marketed to retail investors
[14Dec12] A SQUARE 14 Dec 2012 The role of REITs in managing extreme downside risk
[28Sep10] A SQUARE 28 Sep 2010 Investments in real estate - New research
[05Sep12] Real estate investment Increased investor demand and a real estate investment strategy
[21Oct08] Regional Property Fund - Central Asia, Caucasus On the ground sector intelligence - regional presence since 1998
[28Aug08] Investing in a residential fund - Expertise Prices could slump significantly lower, in the immediate future, “valuations could cheapen further” ...
[07May08] A Real Estate and Infrastructure Advisory Focuses on managing and identifying investment opportunities in India
[13Feb08] Prospects for investing in Scandinavian Property Real estate investment activity in Scandinavia is expected to remain at a high level this year.
[17Oct07] A Commercial Real Estate Fund Fund offers investors a market neutral exposure to commercial real-estate
[19Sep07] Expertise on the prospects of real estate investing, now... Has the image of investing in real estate as an asset class been tarnished since the occurrence of the US sub prime housing debacle?
[07Aug07] Babcock & Brown Japan Property Trust Provides exposure to the office and retail real estate markets in the central and greater Tokyo area
[23May07] Henderson Horizon Pan European Property Equities Fund In comparison to investing directly in individual properties, property equities are highly liquid, enabling a greater degree of flexibility and risk control in an investment strategy. In addition, property equities do not generate the high implicit costs
[18Apr07] German Real Estate Is now an opportune time to invest in German Real Estate? Based on his experience, Iain Keys elaborates on how and why?
[06Feb07] Nomura Global Property 80% Protected Fund Access to commercial properties, with a built in capital protection mechanism
[30Jul09] High yielding, stable, investment grade payment streams The USD3bn comprise about 600MW of solar projects, most of which are located in Europe ...
[11Jun09] A Renewable Energy Fund Sector and theme, renewable energy, fund - systematic with a discretionary overlay
[20Feb08] : Investment opportunities in harnessing hydro, tidal and geothermal energy Electricity can't be transported over long distances and storage is limited. Every region should assess their potential in renewables.
[24Jan08] FoF - underlying funds specialise in actively trading commodities, natural resources and their related markets Market environment supports active trading strategies due to fast growth and changing nature of commodity markets, high levels of volatility and strong trends
[13Jun07] ABN AMRO Wind Total Return Index (Equity) – Open End Certificate The index is a total return index , designed to reflect the performance of the securities of companies involved in the production of energy from wind or distribution of wind generators or services to the wind industry as determined by S&P.
[03Apr07] Smart Materials Fund Based on his experience at the SAM Smart Materials Fund, Rodrigo Amandi unveils what he believes is in store for investors interested in the space
[16Jan07] Pictet Water Fund
[07Dec08] Conservation of risk as a concept Adoption of a conservation of risk framework greatly increases investor/manager awareness of the trade-offs in risk and uncertainty that are at the heart of investing
[31Mar10] Liquid asset led premiums vs. Illiquidity return led premiums We simply define liquidity as the ability to take one’s money out of an investment instantaneously without a market impact. That would be the idea of perfect liquidity. So one is able to take their money out of an investment without losing value in
[17Jul07] Okeanos Shipping Fund The fund generates performance by exploiting the persistent opportunities resulting from inefficiencies within the dry shipping market. It invests in both the derivatives and the physical shipping market
[26Feb09] A Ship Owning Fund Will acquire and operate merchant ships, exploiting relative-value opportunities between vessel prices and future cash flows
[21Oct08] Shipping investment compass Short term outlook:Global real economic activity - the mainstay of trade and shipping demand - is widely expected to moderate further in the near term.
[12Sep08] A shipping fund Pursues an operating and charter strategy
[13Feb08] A fund that invests in ship builders Fund’s portfolio comprises instruments that finance ship building activities - in German „participate in ship ownership“– KG Model (LPs)
Benedicte Gravrand, Opalesque Geneva: The news in September that the California Public Employees' Retirement System (CalPERS) had decided to let go of its hedge fund holdings (worth $4bn) created ripples through the asset management industry at large.
As CalPERS is an influential voice a
Bailey McCann, Opalesque New York: Investor redemptions from hedge funds in October outpaced new allocations for the second consecutive month resulting in a slight net outflow of $2.9 billion, according to the latest asset flows data from eVestment. The industry has not had two consecutive months
Benedicte Gravrand, Opalesque Geneva: As inflation rises, every dollar will buy a smaller percentage of a good. While deflation will mean a decrease in the general price level of goods and services. These two economic conditions are both in the waiting room. The consensus would like the former to
This paper was authored by Sudhanshu Bahadur, Valcony Sun, and Vishal Bakshi of Sapient Global Markets. You can down
Benedicte Gravrand, Opalesque Geneva for New Managers: Two fund of fund of hedge funds managers talk about their investments in emerging managers.
Cyril Julliard and Olivier Kintgen, the two founders of ERAAM,
Bailey McCann, Opalesque New York: At a time when investing in emerging markets may be falling out of fashion among some investors, Gray Ghost Ventures is confident that great opportunity exists in the emerging markets. The firm may have a unique view into this space as one of the first private
In the week ending 17 November, 2014, in Asia, the HK$694bn Shanghai Hong Kong Stock Connect scheme to directly link the two cities’ share markets will start operations on November 17; hedge funds are expected to plunge into mainland shares once the Hong Kong-Shanghai equity link debuts; bill
Bailey McCann, Opalesque New York: "The biggest change we have seen is probably on the regulatory side of things," explained Andrew McGrath, Founder and CIO, Burren Capital Advisors, at the recent Opalesque Gibraltar Roundtable. Delegates each noted the impact the bevy of new financial regulation
Benedicte Gravrand, Opalesque Geneva: The investment management industry’s regulatory environment, accounting systems, range of products and investor demands are spinning, it seems, in a never-ending cycle of changes. If your firm is to grow, you have to gear up accordingly.
Is your operatio
Benedicte Gravrand, Opalesque Geneva: During Opalesque’s recent Gibraltar Roundtable, two hedge fund managers talked about the reasons they chose Gibraltar as their prime location.
Gibraltar is a British Overseas
Benedicte Gravrand, Opalesque Geneva: The consensus on shareholder activism in 2013 and 2014 has been that it would increase a great deal, and that it would spread from the US to Europe and other regions. A French asset manager confirms the veracity of this forecast.
Anne-Sophie d’Andlau is
Komfie Manalo, Opalesque Asia: Reverse solicitation is like a unicorn that is a very pretty concept but
not really existing in reality, said Joey Garcia, a funds partner at Isolas, the
oldest law firm in Gibraltar.
In the week ending 07 November, 2014, hedge funds posted declines for October with the HFRX Absolute Return Index losing -0.35% (-0.15% YTD);
The Parker FX Index was up +2.49% for September (+2.64% YTD);
The Credit Suisse Liquid Alternative Beta Index gained 0.62% in October (+2.45% Y
Bailey McCann, Opalesque New York for New Managers: David Einhorn has had "a frustrating quarter" according to an investor letter reviewed by Opalesque. The firm's only breakout winner was its position in Apple.
Benedicte Gravrand, Opalesque Geneva: CTAs have been doing well in the last few months. But not as well as Old Park’s.
The Maestro strategy is up +20.48% YTD after returning 1.6% in October 2014 just as the Barclay CTA Index was up 0.14%
Benedicte Gravrand, Opalesque Geneva for New Managers:
In 2013, Deutsche Bank consolidated its investment-grade debt and asset-backed securities trading units in London to cut costs and riskier holdings. Deutsche’
Bailey McCann, Opalesque New York: V2 Capital has launched a new hedged equity vehicle. The V2 Hedged Equity Fund is an open-ended single manager mutual fund utilizing the hedged equity strategy the firm was previously using in its private offering. The fund is launching with $240 million of asse
Bailey McCann, Opalesque New York: Despite negative returns for many of Russia's hedge funds in recent years, participants at the Opalesque Russia Roundtable note that fixed income investing is starting to pick u
This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."
Hedge funds lose after Shire plc deal is cancelled
On October 20th, 2014, AbbVi
This article was authored by William M. Funk, Principal of the Law Office of William M. Funk, New York.
As hedge fund or other alternative investment managers know, in any offering document, the tax considerations are placed near
By: Meredith Jones, Alternative Investment Research.
Last month I launched a blog series on capital raising with a diatribe about why money managers actually need a pitch book. I got several emails afterwards asking if I had any advice about what should go in an effective pitch book. Do I have
The views expressed in The Citadel Conversation reflect those of the individuals being interviewed. These perspectives are neither endorsed by Citadel nor reflect our view on investments.
In a world where politics and markets increasingly intersect, smart investors look beyond today’s ec
This article was authored by Andrew Beer, founder of Beachhead Capital Management LLC in New York.
As of mid-month October, 2014, the S&P 500 was down over 5% and the MSCI World was down 6%. In this context, drawdowns among hedge
From Ian Hamilton, founder of IDS Group.
A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing.
Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t
Bitcoin has followed a volatile path to growing acceptance since its creation in 2009 with its price fluctuating between USD 0.30 and 1135 in its short existence. But bitcoin is now accepted as payment by a growing number of mainstream merchants and has been increasingly legitimized by governments s
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
From FT.com: …It is one thing to impose a regulatory burden when there is a clear need to do so. Banks are underwritten by taxpayers via deposit insurance as well as the too-big-to-fail safety net; they need to be reined in, and if they shrink as a result, that may be welcome. But it is another thin
Apple: Hedge funds are crazy about it
From Techinsider.net: Apple Inc. is still the most popular stocks among hedge funds. According to a recent report by hedge fund tracking site Insider Monkey, more than one out of 5 hedge funds are invested in Apple Inc.
At the moment there are
From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges.
There has been an increasing buzz
From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c
From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca
Featuring : Three Arrows Capital: Fast growing emerging markets hedge fund.Kyle Davies is co-founder and chairman at Three Arrows Capital, a Singapore-based
hedge fund management company specialising in emerging markets.
The fast growing fund was set up in May 2012 with the focus to...» Watch the video
Intermediate Term Trend: NegativeFriday's Close: $75.13 (- $.59 cents)UPDATE: It has been an extremely long time since the chart has depicted such a large spread between the weekly Moving Average Line and current price action.Certainly, this market can trade lower, but for the last two weeks we cautioned; traders need to be careful on selling into a current vacuum. Last week's price action was more than two dollars higher than the week before. Hardly a rally, but it's possibly the start of some stabilization in the price.