NEWSROOM

  • Expert Opinions

    Has the time come to shift allocations?

    Our base case is a recession with the bulk of the hit in Q2. We see a U-shape recovery unfolding in Q3 and Q4, supported by stimulus but constrained by some mobility restrictions remaining in place for longer.

  • Research

    How Merger Arbitrage has reacted to the crisis

    For the first part of the market sell-off, Merger Arbitrage was among the most resilient hedge fund strategies. But during the second and third week of March, deal spreads widened indiscriminately, approaching levels unseen since the global financial crisis.

  • Research

    ETF Money Monitor - February 2020

    ESG ETFs continued their strong trend with a record EUR 3.5bn for the month, bringing total inflows year to date to EUR 5.8bn – almost 1/3 of total inflows observed in 2019.

  • Research

    Merger Arbitrage flexes its muscles

    Merger Arbitrage has proven to be the most resilient hedge fund strategy throughout the recent market sell-off. The ability of the strategy to protect capital through bad times is something we have underlined in the past and which is bolstered by historical evidence.

  • Research

    Hedge Funds successfully passed their crash test

    Hardly any hiding places. A surprise surge in cases reported in Italy, South Korea and Iran pointed to a systemic pandemic risk, while the reliability of virus statistics is still in question. The latest developments surprised most investors—including ourselves—at a time when the peak of the outbreak in China seemed in sight.

  • Expert Opinions

    Coronavirus rattles the market, but for how long?

    The spread of the coronavirus in Europe (Italy) and Asia (South Korea, Iran) has raised serious alarm bells. Thousands of people on lockdown (over 50,000) in northern Italy and travel restrictions across Europe suggest the global economic impact in Q1 will be huge. Economic activity is probably in contraction at present on a global scale. The impact will also probably be felt in early Q2.