From Kirsten Bischoff, Opalesque New York:
While ways to verify the much discussed “green shoots” are debated, one indicator may be the performance of small caps, which Chuck Royce CIO and Portfolio manager at Legg Mason recently said “should lead in the early phase of a prolonged recovery in stocks…”
In fact, while small caps leading recovery may be a historic rule of thumb, the Midwood team led by portfolio managers David Cohen and Ross DeMont has seen few industries where meaningful signs of economic recovery are evident. In its frequent discussions with public companies the team has been hearing comments such as, “Things are somewhat less bad,” or “We think we are near the bottom”.
Full Story: http://www.opalesque.com/52543/Small_cap_stocks_may_be_indicator543.html
Showing posts with label hedgefund research. Show all posts
Showing posts with label hedgefund research. Show all posts
Friday, June 5, 2009
Wednesday, May 6, 2009
From Kirsten Bischoff, Opalesque New York
Financial market turmoil sees activist investors holding positions longer, as proxy regulations change in their favor will investors have the required stamina?
From Kirsten Bischoff, Opalesque New York
It seems the point has been reached when the feeling of helplessness against market forces has shifted to a feeling of anger, sparking a new wave of investor activism. However, this trend (seen this past weekend with CalPERS/Bank of America, US Government/Auto Industry) does not indicate investors are specifically looking for opportunities in which to invest as activists, but reacting to the poor performance of companies they have already invested in.
The question then for activist hedge funds is, do investors have the interest, the patience and the stamina required to allocate to a strategy with a much longer view than has been required before?
The strategy overall has not fared as well as others during this crisis, and fell more than 30% in 2008 (according to Hedge Fund Research).
» Full Story http://www.opalesque.com/51897/Financial_market_turmoil_sees_activist_investors937.html
http://www.opalesque.com/
From Kirsten Bischoff, Opalesque New York
It seems the point has been reached when the feeling of helplessness against market forces has shifted to a feeling of anger, sparking a new wave of investor activism. However, this trend (seen this past weekend with CalPERS/Bank of America, US Government/Auto Industry) does not indicate investors are specifically looking for opportunities in which to invest as activists, but reacting to the poor performance of companies they have already invested in.
The question then for activist hedge funds is, do investors have the interest, the patience and the stamina required to allocate to a strategy with a much longer view than has been required before?
The strategy overall has not fared as well as others during this crisis, and fell more than 30% in 2008 (according to Hedge Fund Research).
» Full Story http://www.opalesque.com/51897/Financial_market_turmoil_sees_activist_investors937.html
http://www.opalesque.com/
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