Beverly Hills, CA -- (ReleaseWire) -- 06/13/2014 -- According to Eurekahedge, Global hedge funds crossed the US$2.1 trillion mark as fund managers delivered performance-based gains of US$9.29 billion.
Laureate reports although we expect underperformance for emerging markets, including China, there are still opportunities in equities to capitalize and deliver substantial returns to our investors.
Laureate BVI CEO Peter Tasca says, “The equity markets overall are not showing bearish indicators, earning multiples have averaged about 15, it would not surprise me if we see stock prices in certain situations increase 15-20% in 2014.”
For the month of May Laureate issued a buy on the following: General Dynamics (GD) at US$111.49, the stock is currently at US$118.44 with a 12 month target of US$130.00, Softbank (SFTBF) at US$71.65, the stock is currently at US$75 with a 12 month target of US$90.00, GT Advanced (GTAT) at US$13.50, the stock is currently at US$17.76 with a 12-month target of US$22.00.
Laureate also recommended to their investors close all put and call options and equity short positions on Twitter (TWTR) the microblogging site on May 9, 2014. Laureate issued a bearish rating on Twitter on 03/14/14 when the stock was trading at US$69.00. Laureate investors generated a 54% return in 2 months.
As risk factors will accumulate as the year goes on, the appropriate action for our investors will be to maintain our long positions that have been performing well. We recommend to place stop-loss points on all equity holdings to protect profits. Tasca states, “We have outperformed the S & P 500 month-over-month and we aim to do the same throughout the year, this is definitely a stock pickers market.”
About Laureate Trust
In 2013, Laureate Trust received the prestigious award in Finance by the US Institute for Excellence in Commerce. Last year this multiple platform strategy returned +23.01% net of all fees which has outperformed the Barron’s Top 100 Hedge Fund Average, Barclayhedge Fund Index Average and the S&P 500 Total Return Average.
General Risk of Trading and Investing
Laureate BVI is a private investment firm that specializes in the management of diversified portfolios. We publish information regarding companies we believe may be of interest to sophisticated investors. However, the information in our release is not intended to be personalized recommendations to buy, hold, or sell securities. Laureate BVI at any given time may hold long/short trading positions in equities, bonds, options, or cash to counter-balance and stabilize the portfolio. Therefore, readers will need to depend on their own mastery of the details of trading and investing in order to handle problematic situations that may arise, including the consultation of their own brokers or advisers as they deem appropriate.
For more information on Laureate Trust, contact Private Client Group +1-310-492-5301.