Credit Suisse announced the release of the second quarter 2011 edition of the “Asset Management Alternatives Quarterly,” a thought leadership series offering investors authoritative insight on economic trends and capital markets around the world.
The Q2 2011 edition features articles by Stefan Keitel, Managing Director and Global Chief Investment Officer at Credit Suisse for the Private Bank and Asset Management, as well as from Credit Suisse Asset Management’s leading alternatives portfolio managers. The articles offer investors a range of analyses on the trends and opportunities shaping today’s financial markets.
In his commentary, Mr. Keitel says that, in the first quarter of 2011, “macroeconomic fundamentals, along with positive corporate earnings and valuations, generally supported global equity markets, but were accompanied by periodic increases in risk aversion and volatility in risky asset classes such as equities and commodities.” Mr. Keitel believes this pattern will continue in the coming months.
Other highlights from the Q2 2011 issue include:
Portfolio managers in the event driven hedge fund space are optimistic that global mergers and acquisitions (M&A) activity will continue to increase, as capital-rich companies are indicating greater confidence for engaging in corporate actions.
Many private equity investors are preparing for the possibility of rising inflation. Accordingly, real assets investments have been active areas of focus—including infrastructure, clean technology, real estate and energy investments—as they have historically helped mitigate the impact of inflation on portfolios.
According to the credit team, senior loans continue to look attractive given their position in the capital structure and floating-rate nature, based on the potential for higher inflation and rising interest rates globally.
The Commodities Group believes the asset class may be well supported in 2011 due to tight supplies for key soft commodities, robust emerging markets growth, reduced crude oil supply because of Middle East turmoil and concerns over global inflation.
For a copy of the Q2 2011 Asset Management Alternatives Quarterly, please contact katherine.herring@credit-suise.com.
