Summit Notebook

Audio-North Korea, Iran lead investor’s fears

December 12, 2006

The North Korean and Iranian nuclear threats, the conflict in the Middle East and the impact on China’s neighbors from its growing role in the world stage are geo-political events that will affect global investments, says Reiner Triltsch, head of International Investments at U.S. Trust.

Audio – Risk is dead…not

December 12, 2006

Eaton Vance muni bond manager Tom Metzold discusses the potential for a market correction triggered by little understood risks in the lightly regulated credit derivatives market.

Audio-Shorting stocks is harder now, says manager

December 12, 2006

shawn-pix.jpg Shawn Kravetz, president of Esplanade Capital, says shorting stocks has become harder than ever because you never know where private equity players will pop up next and blow the bets out of the water.

Audio – International equities manager likes Japan

December 12, 2006

reiner-pix.jpgReiner Triltsch, head of International Investments at U.S. Trust, is bullish on Japan because of a view that quality firms can be found in the world’s second largest economy and because valuations there are attractive.
     Triltsch spoke at the Reuters Investment Outlook Summit. His Excelsior International fund owns many Japanese firms among its top holdings, including Sumitomo Trust & Banking and Canon. 
   

Audio – Handicapping the Fed’s moves in ’07

December 12, 2006

patel.jpg    There is a 50-50 chance the Fed will raise interest rates towards the end of next year, forecasts Pioneer Investment Management portfolio manager Margaret Patel, voicing what is a something of a contrarian view to the market consensus.
    “There is tougher talk on inflation” coming out of the Fed, she said.  For the rest of the summit, click here.

Audio – Hang a lamb’s head, but sell dog meat

December 12, 2006

siris.jpgGuerrilla Capital Management Chief Investment Officer Peter Siris gives a colorful, if not appetizing, description of the risks of investing in Chinese companies listing outside of China.

Audio – Bill Gross on everything from the Fed to his makeover

December 11, 2006

gross.jpg

Bill Gross, the manager of the world’s largest bond fund, chatted with reporters at the Investment Outlook Summit about everything from the dollar to interest rates to how he shaved his mustache to try to look younger (the picture here is before he put razor to lip). Listen to the entire interview.
 

Audio – What’s the outlook for 2007?

December 11, 2006

mcallister11.jpg“Next year, I think things will be probably pretty good in the market,” says Legg Mason fund manager Mark McAllister, when asked about US earnings growth.

Audio – Real estate fund manager Winer sees opportunities in HK

December 11, 2006

hk.jpgMichael Winer, portfolio manager of the Third Avenue Real Estate Fund, says that Hong Kong is where the fund is finding the most opportunities for investment.

Audio – Complications abound

December 11, 2006

mcallister1.jpgEmerging markets, the US regulatory environment, new technologies and mergers are factors that won’t let business keep it simple, says Legg Mason fund manager Mark McAllister.