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Alternative Market Briefing

New York hedge fund says it is "simply not exposed" to mainstream markets

Wednesday, March 18, 2020

amb
Neal Berger
B. G., Opalesque Geneva:

By avoiding popular hedge fund strategies, a New York-based fund manager has so far avoided the widely experienced losses.

Morgan Stanley analysts estimated that hedge funds across all strategies were down an average of 7.6% YTD versus a decline in the MSCI AC World Index of around 20% at the time, reported NYTimes.com. The note was sent Monday morning before U.S. stocks sank another 12%, and the analysts said at that point they were yet to see "capitulation," or panic selling that some believe could lead to a bottom.

Eagle's View Capital Management, LLC, a fund manager founded in 2005 by Neal Berger, now has the opportunity to show their investors why their portfolio was designed the way it is.

"What has rarely ever been apparent to investors is that our portfolio has been designed to weather any storm, including a liquidity crisis in major markets and mass portfolio liquidations," says Berger in a communication to investors seen by Opalesque. By avoiding strategies that are widely allocated to, the manager improves its risk management "immeasurably."

Eagle's View has avoided lending strategies, esoteric credit strategies, "and other strategies that one might think could fit our mandate simply because of our belief......................

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