Thu, Aug 16, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Managers at Delivering Alpha tout best ideas

Thursday, July 19, 2018

Bailey McCann, Opalesque New York:

Hedge fund managers and investors gathered in New York City today for the Delivering Alpha Conference. The slimmed down program saw longer interviews with fewer managers, but a small handful did give their best ideas from the stage.

Longs

Alex Roepers of Atlantic Investment Management recommended Huntsman Corp. as his best idea to kick things off. Roepers sees as much as 60 percent upside in the company which is also a takeover candidate.

Huntsman is a chemicals manufacturer that has been working through an efficiency initiative, shedding parts of the company and streamlining operations. Roepers says that those moves have put the company on the pathway toward strong growth, but the market hasn't caught on yet. "Management is doing the right things," he said from the stage.

Margate's Samantha Greenberg made the case for video game company Take Two Interactive. The call surprised some in the audience that haven't yet caught on to the strong growth in video games. Take Two has created several popular games and could create additional value with a monthly subscription option. Greenberg sees a 40 percent upside in the stock, as the company continues to build out its content pipeline and partner with industry leaders like EA Sports.

Alex Denner of Sarissa Capital announced a long call on neuroscience company Biogen. He also sits on the company's board. Denner says "neuroscience is where cancer was t......................

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. Hedge fund's Italian raid leaves us in the dark[more]

    From Bloomberg: Ten years on from the financial crisis, bank balance sheets haven't become any simpler to digest for the average investor. Finance firms are big and leveraged; regulations have just become new instruments of complexity. That might suggest a potential windfall for any brainy numb

  2. New Launches: Crescent launches offshore cryptocurrency index fund, Jack Ma's private equity firm raises $2.5bn for latest fund, Franklin Templeton floats alternative investment fund, US giant TCW to launch global AI equity fund, Quantum Energy Partners closes latest fund at $5.6bn[more]

    Crescent launches offshore cryptocurrency index fund Crescent Crypto Asset Management, a cryptocurrency index fund manager led by Goldman Sachs alumni, announced the completion of its Series A financing and launch of its offshore Cayman fund. FBG Capital led the fundraising round with its

  3. Michael Spencer invests $40m in Europe-focused hedge fund[more]

    From the FT: Michael Spencer, chief executive of Nex Group, is backing a hedge fund start-up in London with an investment of about $40m made through his private investment group, according to a person familiar with his plans. The hedge fund, Viewforth Partners, is being launched by Richard Black, a

  4. Investing: Investors haven't been this bullish on U.S. stocks since 2015, U.S. hedge funds bet on retail, tech in second-quarter as economy sizzled, The world's largest hedge fund loads up on Alibaba, An $84bn hedge fund used Facebook's struggles to build a massive stake, Jana Partners jumps back into Facebook, adds stakes in Alibaba, Wells Fargo, Einhorn's Greenlight Capital slashes stakes in Apple, Twitter and Micron,Tiger, Tremblant, Columbus went big on Twitter before earnings[more]

    Investors haven't been this bullish on U.S. stocks since 2015 From Bloomberg: The bull run that has taken U.S. equities to record highs this year may be about to reach its peak, according to the latest survey of fund managers by Bank of America Merrill Lynch. Allocations to U.S. stock

  5. Activists: Elliott lawyer warns Korea better brace for activist funds, Activist hedge fund is seeking operational improvements at the antivirus company, Eddie Lampert details $500m offer for Sears's assets, Nielsen should get a break from the market[more]

    Elliott lawyer warns Korea better brace for activist funds From Bloomberg: The lawyer who advised billionaire Paul Singer in his proxy fight against Samsung Group says he's seeing a surge of interest from activist investors who view South Korea's businesses as potential targets. In