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Ten Seconds Into The Future

A look at investments, hedge funds, economics, finance and the irrational economic human being
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Archive for November, 2009

Jeremy Grantham of GMO in a recent letter writes about a number of interesting points:

Bernanke missing the housing bubble and its bursting, the potentially disastrous implications interactions between lower house prices and new financial instruments (MBS, CDOs), and international distribution of the associated risk.
Other Teflon Men: Larry Summers, encouraging deregulation and lighter regulation and not [...]

Hedge Fund Performance 2009 09

Hedge Fund Performance 2009 09
 
 

 
Hedge funds as represented by the HFRI returned 17.01% year to date. In the same time period, the MSCI World returned 38.08% YTD. Global Bonds measured by the Barclays Global Bond Index (the old Lehman Agg) gained 8.14%, and the CRB Index (Commodities) gained 17.71%. Adding more granularity to the numbers, [...]

 

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Disclosure

This blog is produced by Bryan Goh, Head of Due Diligence at First Avenue Partners. First Avenue Partners does not review or approve materials presented herein. By viewing or participating in discussion on this blog, you understand that the opinions expressed within do not reflect the opinions or recommendations of First Avenue Partners, but are the opinions of the author and individual participants. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security or other instrument. Before investing, consider your investment objectives, risks, charges and expenses. Any purchase or sale activity in any securities instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. First Avenue Partners is authorised and regulated by the Financial Services Authority.

About Bryan Goh

Greetings. I am responsible for hedge fund research and manager selection at First Avenue Partners LLP an alternative investments advisory firm based in London. Prior to this I managed the hedge fund portfolio of the OAKS Family Office in Singapore. I started my career in 1994 Singapore trading Asia Pacific equities and originating structured products. I later moved to London and managed equity and balanced funds in addition to originating alternative investment products from fund of hedge funds to real estate funds. My professional interests lie in the application of mathematical rigour to investment management and economic analysis. My hobbies include tennis, watch collecting and trail running, particularly along the banks of the Thames.

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