Wed, May 25, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Traditional hedge fund strategies are faced with challenges, London Roundtable

Tuesday, July 31, 2012

amb
Basil Williams
From Komfie Manalo, Opalesque Asia:

Traditional hedge fund strategies are faced with challenges as the old structure of the markets are confronted with difficulties brought by the financial crisis in most of the Western economies. This was the agreement reached by hedge fund managers who participated in the latest Opalesque London Roundtable.

The Roundtable was sponsored by Eurex, Bingham and Taussig Capital and was held last month.

Basil Williams, alternative asset manager CEO of Concordia Advisors said that we are currently living in a world of what he termed as bimodal tail risk that depends upon the outcome of the European crisis. He explained that a lot of strategies have become much more difficult to assess considering this tail risk, particularly, directional hedge fund strategies. Significant tail risk may be the consequence of a stroke of a pen, as opposed to an economic outcome, and that causes us to be quite cautious, he said.

Williams commented, "We are seeing good opportunity in traditional fixed income arbitrage; a lot of prop capital has left the street. Why are we focusing on the credit relative value opportunity manifested in the U.S. municipal bond market, which is i......................

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: Long/short equity hedge fund with bear market experience has a winning quarter[more]

    B. G., Opalesque Geneva: Experience during a Russian bear market lasting five years enabled Christian Putz to identify certain investment patterns in the market which he now applies to his current investment strategy. London-based ARR Inv

  2. Schroders acquires European renewable infrastructure manager Greencoat Capital[more]

    Laxman Pai, Opalesque Asia: British multinational asset management company Schroders has completed the acquisition of a 75% shareholding in Greencoat Capital, one of Europe's largest investment managers dedicated to the high-growth renewable infrastructure market. The remaining 25% is owned by Gr

  3. Opalesque Exclusive: Global equity manager focuses on symbiotic value chains[more]

    B. G., Opalesque Geneva: A global equity manager has made a point of focusing on the phenomenon of shrinking supply chains and avoiding zero-sum business models. London-based Tollymore Investment Partners is a private partnersh

  4. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  5. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm