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May 2021

Strategy Are L/S Equity Managers playing the European Recovery?

Economic prospects in Europe are noticeably improving. The new wave of virus infections since late fall 2020 led to tighter mobility restrictions, which delayed the European recovery. High frequency indicators suggest economic activity was down around 20% from normal over (...)

May 2021

Strategy Event-Driven stays alluring despite the SPAC slowdown

Event-Driven strategies saw exciting developments in recent quarters, in a context where global M&A volumes saw the strongest start to the year ever. Global M&A volumes, close to USD 1.5 trillion year-to-date, were fueled by a flurry of U.S. acquisitions and Special (...)

April 2021

Video The equity exposure of our portfolios is still relatively high

CPR Asset Management maintains a bias favorable to value stocks. Nonetheless, the management company took some profits in some of these segments during the month, such as North American small caps and the oil sector.

April 2021

Strategy Value, Momentum and the Outlook for Market Neutral L/S

Momentum stocks experienced a correction since Pfizer announced their Covid-19 vaccine results early November. Performance has nonetheless stabilized over the course of March, as the rebound in Value stocks has been persistent and started to be shown in the Momentum risk (...)

April 2021

Opinion Turkey – Here we Go Again

What does the appointment of the fourth central bank governor in less than two years mean for investors in Turkey? As have we have seen in the press, and to everyone’s surprise, last week the Turkish government replaced central bank chairman Naci Agbal, just four and a half (...)

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