Valuesignals Logo
author Olivier Dambrine - August 17, 2015

The month of June has been quite volatile. It started with a continued stand off between Europe and Greece. The Stoxx 600 dropped from a high of 400 on the 23rd of June to 373 on July the 8th. The Greek government finally capitulated and the index rose to a high of 407 on the 20th of July. The index finished the month at 400...[more]

Tweet
Valuesignals Logo
author Olivier Dambrine - June 29, 2015
The month of June was quite volatile but our portfolio put down a very strong performance. TWR (on 26/6) increased from 28,8% to 30,8%, an increase of 200 basis points. During the same period the STOXX600 dropped 80 basis points from 26,7% to 15,9%. YTD alpha is 14,9! The US portfolio YTD return declined slightly from 3,9% to 3,8%, a drop of 10 basis points. During the same period the S&P YTD return also declined from 2,4% to 2,1%...[more]
Tweet
Valuesignals Logo
author Olivier Dambrine - June 8, 2015

In May the European markets put down a very solid performance. The STOXX600 YTD return increased from 15,5% to 16,7%. Our portfolio did much better and YTD return increased from 20,8% to 28,8%. Alpha is now 12,1%, a significant outperformance. In the US, the S&P YTD return increased from 1,3% to 2,4% while our portfolio declined from 5,3% to 3,9%...[more]

Tweet
Valuesignals Logo
author Olivier Dambrine - May 3, 2015

According to Ori Eyal, manager of the EVCM fund and protege of Guy Spiers, it's a great time to invest in Israel. With a population of 7,6 million, Israel enjoys a technologically advanced economy, brimming with entrepreneurial activity. It has been called the "start-up nation" since it has more start-ups per capita than any country in the world.

Ori explains:

Most of these start-ups are technology oriented. To some extent this has resulted in less focus on non-technology companies in Israel...[more]
Tweet