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New Managers December 2012

Editorial

 

Dear Opalesque reader,

Welcome to the December 2012 issue of New Managers, Opalesque's monthly monitor of new, emerging and re-emerging alternative fund managers.

Subscribers of New Managers can find this month's copy attached, or can access it here: www.opalesque.com/Archive-New-Managers.html.

If you are not yet a subscriber, you can subscribe to New Managers and to the Emerging Managers database now and take advantage of our introductory offer ($299 for 6 months, $399 for one year and $699 for two years) here: www.opalesque.com/Subscribe-New-Managers.html.

As a subscriber, you can also view all past issues of New Managers in our Archive: www.opalesque.com/Archive-New-Managers.html.

***

Since the beginning of the global financial crisis, average equity market correlations have almost doubled; in Statistics, Peter Urbani looks at the application of Graph Theory to better visualise these connections. Fundana's analysts review their key observations over the last nine months, the lessons learnt and how they have modified the way they invest with new managers. To some, value investing makes complete sense, to others it is no longer a suitable strategy as the current economic environment; we discuss this further in Focus, as well as Buffett's method. The 47N series examines the EU's "bendy banana law" and the futility of financial over-regulation. Sydney-based Treasury Group describes recent hedge fund acquisitions in Seeders' Corner, where we add some of the latest seeding-related news and views.

This month's report ends with the usual recapitulation of recent maiden fund Launches......................

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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
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