Articles written by Sébastien Poiret

  • Chart of the Month – “Something’s gotta give” by Sébastien Poiret, Feb 5 2018

    “Something’s Gotta Give” Something’s Gotta Give is a 2003 American romantic comedy starring Jack Nicholson and Diane Keaton who find love for each other in later life, despite being complete opposites. Why is the USD so weak recently despite the 10-year interest differential between the US and Germany indicating the opposite? This spread which historically […] read more

  • Hedge Funds: Myth Vs Reality by Sébastien Poiret, Dec 8 2017

    La CFA Society of Mauritius et Notz Stucki Origins Limited ont fait une présentation sur le thème ‘Hedge Funds : Myth vs Reality’. Sébastien Poiret, Managing Director de Notz Stucki Origins, a dressé un tableau de la performance de ces fonds tout en évoquant l’environnement de « bull market », qui persiste depuis neuf ans […] read more

  • Chart of the Month – It has never been a better time to hedge your YTD performance! by Sébastien Poiret, Oct 30 2017

    It has never been a better time to hedge your YTD performance! The S&P 500 Index is currently trading at all time high after being up +14.75% YTD and over +20.0% in the last 12 months. S&P 500 90-day realized volatility is now trading at the low range of the last 27 years at just […] read more

  • Chart of the Month – Active management is back but beware of the next equity sector rotation! by Sébastien Poiret, Mar 2 2017

    Active Management is back but beware of the next equity sector rotation! After a tough 2016, active managers (long-only stock pickers and hedge funds) are back in business and outperform their benchmark since November of last year. This is due to two main reasons: Number 1: Sector and stock correlation have come down to levels […] read more

  • Chart of the Month: US Healthcare sector, an appealing opportunity? by Sébastien Poiret, Oct 28 2016

    US Healthcare sector : an appealing opportunity? The US Healthcare sector is comprised of Pharmaceutical, Biotech, Medical Equipment and Hospital companies.  Due to Hilary Clinton’s Tweet in 3Q15 to restrict pricing policies, this sector has corrected with high volatility. Despite that, earnings continue to grow steadily: +12% annualized growth over the last 3 years and […] read more

  • Chart of the month: May Edition by Sébastien Poiret, May 2 2016

    WHY IS ACTIVE MANAGEMENT UNDERPERFORMING THIS YEAR? 2016 has so far been a difficult year for active managers (long only stock-pickers and hedge fund long/short equity managers). If we take the US equity markets as the main proxy we see that the MSCI USA Index is up just +1.3% for the year. It does not […] read more