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June 2011

Note Sorting out the Greek issue

The aim of this short article is to set the ideas straight regarding the Greek situation. Several issues are considered, the first of which being that of economic growth. If the latter does not make any progress, it will be very difficult to reach public finance stability. (...)

June 2011

Strategy Making good use of the drop in correlation through equity arbitration

Despite fairly divergent hedge fund trends in the second quarter, SG Private Banking’s strategists remain positive but have a preference for Relative Value and Event-Driven.

June 2011

Pedagogy What is inflation break-even ?

The inflation break-even is the difference in yield between a conventional bond (coupon rate) and its inflation-linked (real rate) equivalent (the same issuer, same maturity ...) ...

June 2011

Interview Christophe Dehondt : « Current levels of inflation break-even are buying opportunities »

According to Christophe Dehondt, fund manager of CPR Focus Inflation, it is possible to benefit from the rise in inflation while being hedged against rising interest rates by buying inflation-linked bonds and selling traditional sovereign bonds with similar (...)

June 2011

People Moves TOBAM recruits to strengthen its presence in the Francophone market

Sylvain Viret joins TOBAM as Business Development Manager, dedicated to the development of Anti-Benchmark strategies amongst investors in France, Luxembourg, Monaco and Switzerland.

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