GMO in Gold Club, Reason Differs

Chidem Kurdas

The institutional manager Grantham Mayo Van Otterloo has a distinctive view on gold. Unlike most observers and gold buyers like John Paulson

More on Greece

Chidem Kurdas

Click for ThinkMarkets post on trade and policy developments.

Re Greece as buy opportunity: 

JP Morgan Highbridge Holds Latin Franchise

JP Morgan’s hedge fund business has taken stakes in a wide range of Latin American companies. One large holding

China vs. India Investing

Chidem Kurdas

Emerging markets  investments by diversified funds have tended to focus more on China than India. That emphasis may change,

Mass Market Alternatives Keep Coming

The fund management arm of Hartford Financial, the insurance company, is preparing an alternative investment trust. This month BlackRock

ETFs Supplement HF Investments

Funds of funds are using exchange-traded products to fill the gaps in their portfolios.

Bond Funds Face Competition

Chidem Kurdas

Fixed income was one of the two hedge fund categories investors favored in March, according to BarclayHedge’s asset inflow data. But bond hedge funds are not the only vehicles investors use to get debt exposure.  PIMCO, the giant asset manager led by Bill Gross, is among those offering a variety of fixed income strategies similar to those used by hedgies.  Competition also comes from emerging markets managers that invest in debt.

JP Morgan Highbridge Finds Sweet Spot

Last year, Highbridge Capital Management acquired a majority stake in Gávea Investimentos, a Brazilian manager. Turns out that Highbridge also bought a large block of shares in another Brazilian business—one of the world’s largest producers of sugar and ethanol,

Temasek Double Bet on Brazil Oil

Temasek Holdings, the investment company owned by the government of Singapore, bought a stake in Brazil’s

Foundations Favor Brazil

Political strife in the Middle East has discouraged investor enthusiasm for emerging markets,  but certain countries continue to attract institutions. Some big endowments and foundations favor Brazil and prefer to get wide-ranging exposure to the country’s stock market via exchange-traded funds, rather than investing with active managers.

Among these are Harvard University’s endowment and the Broad Foundation, an organization created by Los Angeles philanthropist  and art collector Eli Broad.