- Advertisement -
- Advertisement -

EAST CAPITAL EXPLORER: SHB HAR SÄNKT REK TILL ÖKA

Report: Systematic Strategies

- Advertisement -

STOCKHOLM (Direkt) Handelsbanken Capital Markets har sänkt rekommendationen på East Capital Explorer (Ecex) till öka, från köp, samt justerat riktkursen till 62 kronor (87).

Handelsbanken gillar Ecex men på kort sikt är riskerna för höga, bland annat på grund av bolagets exponering mot volatila valutor och det svaga sentimentet mot bolagets huvudregion.

Ecex substansrabatt har ökat rejält under den senaste marknadsturbulensen. När riskaptiten återvänder räknar Handelsbanken med starkt stöd för Ecex-aktien och tror att rabatten minskar. På lång sikt tror Handelsbanken att en väsentligt högre värdering är motiverad för Ecex som, enligt Handelsbanken, har en unik och attraktiv affär.

Bild: (C) L oconnelll—Fotolia.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by a member of the HedgeNordic editorial team.

Latest Articles

Indecap-PriorNilsson Deal Gets Regulatory Nod

Stockholm (HedgeNordic) – The Swedish Financial Supervisory Authority, Finansinspektionen, has granted approval for Indecap’s acquisition of fund boutique PriorNilsson Fonder. This strategic collaboration will...

Tidan Rides High on Normalized Market Conditions

Stockholm (HedgeNordic) – Tidan Fund, a hedge fund focused on capturing capital structure opportunities, is approaching its third anniversary this October with strong momentum....

Month in Review – August 2024

Stockholm (HedgeNordic) – Nordic hedge funds delivered solid performance during the roller-coaster month of August, with fixed-income-focused hedge funds leading the charge. The Nordic...

Danske Bank’s Multi-Asset Hedge Funds Gain Momentum

Stockholm (HedgeNordic) – In August 2022, Danske Bank Asset Management launched a hedge fund designed to capture ‘true’ alternative risk premia as compensation for...

Inspired by AP7, Carnegie Launches Leveraged Global Equity Fund

Stockholm (HedgeNordic) – As Carnegie Credit Edge comes to a close, Emil Nordström, who managed the fund’s derivatives strategy, is now steering a new...

Mandatum’s CTA Defies Trend in Tough August for Trend-Followers

Stockholm (HedgeNordic) – Trend-following managers had a tough time navigating markets in August, as evidenced by the 4.5 percent decline in the SG Trend...

Allocator Interviews

In-Depth: Commodities

Voices

Request for Proposal

- Advertisement -