View more on these topics

IAM plans best strategy to play on market anomalies

Fund of hedge funds manager International Asset Management expects credit and long/short equity strategies to perform well and sees opportunities for macro-strategies due to movements in fixed income and currency markets.

Credit strategies are expected to do well due to valuation anomalies. IAM says high yields seem to offer a greater level of mispricing and that stressed securities are creating opportunities for long/short managers. The firm expects shorting to be more rewarding this year than in 2009.

IAM also has a positive outlook on macro-strategies. It says macro-managers have low exposure to equities and commodities but are taking long positions in commodities and are likely to increase equity exposure on the back of market corrections.

The firm says long/short equity managers should be able to add value through stock selection because equiy markets are being driven by fundamental factors rather than macroeconomic ones.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com