Brexit
So I have been spending some time looking at Brexit and the effect this may have on Hedge funds and UCITS in particular. It certain looks like a lot of companies have already and are currently deciding whether Ireland, France or Germany will benefit from such change. I spent some time recently casting an eye over some articles by the Gabelli family who have a very dynamic view of certain things in the every changing world of Brexit and indeed Trump America.
The Gabelli family headed by Mario Gabelli @mariogabelli and his son Michael Gabelli @michaelgabelli have an important presence in the UK with GAMCO being recognised as an innovative business leader.
To take things back a bit the world had to get used to Trump and Brexit both of which were a massive surprise to most commentators. Certainly Mario Gabelli and Michael Gabelli believe that the industrial sector can remain positive under the Trump presidency due to increased fiscal stimulus.
Mario and Michael Gabelli believe that media stocks and live entertainment stocks have potential and they could perform better in the future American economy.
It should be pointed out that the Trump effect global markets have declined in the first quarter of 2017 but have since returned to mid levels.
In 2016 yields of GAMCO Merger Arbitrage UCITs were fairly solid as the team continue to seek investment in well funded strategic deals with a clear logic as pointed out by Portfolio manager Ralph Rocco. However Arbitrage spreads are below average compared to 2016 and Michael Gabelli and Mario Gabelli expect more volatile markets in the near future.
Another area that Mario Gabelli and Michael Gabelli take great interest is infrastructure with Trucking and Waste Management two sub sets that intrigue the Gabelli family in search of excellent investment opportunities.
The Gabelli family headed by Mario Gabelli @mariogabelli and his son Michael Gabelli @michaelgabelli have an important presence in the UK with GAMCO being recognised as an innovative business leader.
To take things back a bit the world had to get used to Trump and Brexit both of which were a massive surprise to most commentators. Certainly Mario Gabelli and Michael Gabelli believe that the industrial sector can remain positive under the Trump presidency due to increased fiscal stimulus.
Mario and Michael Gabelli believe that media stocks and live entertainment stocks have potential and they could perform better in the future American economy.
It should be pointed out that the Trump effect global markets have declined in the first quarter of 2017 but have since returned to mid levels.
In 2016 yields of GAMCO Merger Arbitrage UCITs were fairly solid as the team continue to seek investment in well funded strategic deals with a clear logic as pointed out by Portfolio manager Ralph Rocco. However Arbitrage spreads are below average compared to 2016 and Michael Gabelli and Mario Gabelli expect more volatile markets in the near future.
Another area that Mario Gabelli and Michael Gabelli take great interest is infrastructure with Trucking and Waste Management two sub sets that intrigue the Gabelli family in search of excellent investment opportunities.
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