In the latest issue of Investment Week, Pablo Urreta, Senior Partner & Head of Research, discusses his thoughts on whether or not Japanese equities should be an overweight in portfolios, commenting:
'We are unable to predict what trends and macro forces will drive stock prices in 2017. However, in our view the strong macro headwinds which impacted Japanese equity markets in 2016 created an environment in which markets may again become focused on the fundamental value of individual stocks...broad-based arguments, including cheap valuations, which suggest Japan equities should be overweight in a portfolio.'
The full article can be read here: Should Japanese equities be an overweight in portfolios
The article can also be read on the investment Week website here.
In Niki Natarajan's article Re-defining Hedge Fund Fees for Investment & Pension Europe, Managing Partner, Patrick Ghali, commented that when it comes to hedge fund fees that “If fees are high but the risk-adjusted net returns are higher than a fund with lower fees, one would expect to select the higher returning fund on a risk-adjusted basis. This, however, is not always the case and some investors literally prefer to leave returns on the table for lower fees,”
The full article can read here.
In Becky Pritchard's article The big squeeze: Hedge funds face an identity crisis for Financial News, Patrick Ghali, Managing Partner, discusses the effect of investors' money heading to some of the largest fund managers, commenting:
"If you look at where the money has gone in the last few years, a lot of the money has gone to the very big guys, but a lot of them have not done so well," said Patrick Ghali, co-founder of Sussex Partners. “Overall many of the big guys are going to continue to slash fees. They are in the Tesco business of big volumes, but the really good guys can still charge anything they want.”
The full article, which reviews some of the fee pressures within the hedge fund can be read here (subscription required).