Responding to the U.S. election results Patrick Ghali, Managing Partner, explained to Laurence Fletcher of the Wall Street Journal that "A lot of managers told me that it was uncertainly that killed them pre-election,...What they needed was certainly that allows them to take positions. This was a major event and it's now over."
The full article, including Laurence Fletcher's view on manager activity before the election, can be read here (subscription required).
We are pleased to announce that Sussex Partners has been awarded 'Best Alternative Investments Specialists - UK' at Wealth & Finance International's, 2016 Business Awards.
For more information about the awards, and those who won, can be found on Wealth & Finance International's website here.
In George Mitton's Funds Europe article 'A-SHARES: Who’s bringing their ‘A’ game?' Patrick Ghali, Managing Partner, discusses the fact that few of the Greater China funds he deals with have significant A-share exposure. Explaining why this is the case, Mr. Ghali, said: 'One reason fund managers avoid the mainland exchanges, in Shanghai and Shenzhen, is that they contain a high proportion of retail investors. These individuals tend to trade fast and often, responding to rumour and speculation rather than sober analysis of company reports and earnings.'
The full article can be read on the Funds Europe website here.