Sun, Jun 26, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

ECB president hints at QE2, hedge fund managers comment

Friday, October 23, 2015

Benedicte Gravrand, Opalesque Geneva:

ECB President Mario Draghi said on Thursday during a press conference in Malta that the current purchasing programme, which was announced in January, could be extended beyond its September 2016 end-date.

"The degree of monetary policy accommodation will need to be re-examined at our December policy meeting when the new…projections will be available," WSJ.com reported him as saying.

Global stocks, including European stocks, rallied, and the euro sank against the U.S. dollar on the news the same day.

Several managers commented on Draghi's strong hint that the ECB may extend QE.

Francesco Filia, CEO/CIO of London-based hedge fund firm Fasanara Capital, told CityWire an expansion of QE is inevitable so long as inflation rates hover around zero.

"Zero inflation rates are death penalty to debt laden countries in peripheral Europe: at zero inflation, no amount of fiscal discipline will ever outweigh the debt trap they live in," he said. "Monetary policies alone are likely to have to keep fighting deflationary trends in ......................

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. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  2. 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

  3. 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

  4. Other Voices: The selloff is overdone[more]

    Authored by Heeten Doshi, founder of Doshi Capital Management. Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year

  5. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve