I have the pleasure to present you the inaugural Opalesque Canada Roundtable.
While 50% of the world's mining companies are listed in Canada, you will soon see that Canada is
much more than resources. In the last 6 months, the make-up of the Canadian hedge fund
industry and the AUM distribution per strategy has markedly changed. Un-levered AUM allocated
to fixed income is probably touching 40%, and still increasing.
But even within the resource sector, there are still abundant and unique opportunities. If you look
at the balance sheets of virtually every mining company, there is essentially no or very low debt.
Combine that with the fact that the same company has a very low credit rating (as rating agencies
focus on historical volatility of commodity prices), you have a fine environment for a range of
different strategies.
You will read about the maturation of the Canadian marketplace, as well as:
Who are the new players and strategies coming out of Canada?
Opportunities in commodities, credit and energy trusts
How to capture alpha from the resource markets – going beyond commodity beta
Why large global investors have started to think more thematically and tactically – what are
some of the emerging new investment structures?
Lessons from 2008 and strategies to understand uncompensated investment risks
A discussion of the validity of both the single manager and the multi-strategy hedge fund
approach
This Roundtable was sponsored by TD Securities and took place in their Toronto office on October
1st with:
The Opalesque Roundtable Series offers unparalleled intelligence on the most important global hedge fund jurisdictions and their players. The Roundtable Series is a free publication from Opalesque and is continually updated. Please scroll down to view the full selection of our Roundtables - covering the globe!