GO
Loading...

Enter multiple symbols separated by commas

What Pros Say: Hedge And Look For Alternatives

Smart investors need to look at savvy alternatives—and in some cases that's anything but stocks.That's the verdict of some investment pros at Charles Schwab's 19th annual IMPACT conference of financial advisors in Boston this week.

"It's about bringing a new array of strategies to investors," Rick Lake, portfolio manager of Aston Lasso Alternatives Fund, told CNBC in a three-person round table discussion. Lake says investors are looking for alternative strategies, such as short selling, hedging and commodities.

Tom LaPointe, portfolio manager for the Third Avenue Focused Credit Fund, agrees, saying his focus is on "the alternative space", in areas such as distressed debt, high yield bonds.

"Investors are looking for income," says LaPointe, adding that investing in bondsis "condemning clients to 2-percent returns for the next ten years"

Thomas Meyer, CEO and Chairman of Meyer Capital Group Wealth Management, adds that his goal is to reduce risk for clients in the current environment.

WYP2010_badge.jpg

"Individual investors don have any appetite for risk at this point," says Meyer, who. among other things, is trying to profit from the declining dollarand emerging market growth, while also emphasizing capital preservation.

Earnings

Commodities

Currencies

Mutual Funds

  • NEW YORK, April 29- A major funds company is putting directors on notice: if you adopt poison pill anti-takeover measures without shareholder approval, you will be blacklisted. Since October, Dimensional Fund Advisors, the eighth largest U.S. mutual fund firm with $398 billion in assets, has been sending warning letters to companies whose stock it owns and who...

  • A woman holding balloons walks near Oriental Pearl Radio & TV Tower in Shanghai

    China shares have surged, but with active fund managers still underexposed to the market, the rally isn't over, Goldman said.

  • Zhao Yang, fund manager of Bosera Asset Management Co, which is launching a mutual fund to invest in the city's markets, said he expected inflows from Chinese mutual funds and insurers to continue, and the valuation gap between Hong Kong and China- listed stocks to narrow further. His view was echoed by brokerage China Investment Securities, who wrote on Friday: "In...

Bonds