Finding investment value is absurdly difficult, said a leading hedge fund manager, who has since reduced risk exposure to 2008 low levels. James Montier: Three “hellish” situations he models Sounding a familiar refrain, James Montier of US asset manager GMO, with $118 billion in client assets, is having difficulty finding values that warrant asset deployments. [klarman] ‘This is definitely the most difficult time to be an asset allocator. It’s very hard to find value,’ James Montier was reported to have said at a Value Intelligence Conference in Munich, an event hosted by Value Intelligence Advisors (VIA). James Montier points to 20…
GMO’s James Montier Is Holding 50% Cash; Three “hellish” Situations
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.