\n\u00cen contextul \u00een care investitorii se tem de un poten\u0163ial final al etapei de bull market prin care trec pie\u0163ele, ace\u015ftia au \u00eenceput s\u0103 se preg\u0103teasc\u0103 pentru bear market-ul de care sunt siguri c\u0103 o s\u0103 vin\u0103, potrivit Fortune.<\/p>\n
\n\u201eC\u0103ut\u0103m companii de care suntem siguri c\u0103 ar putea supravie\u0163ui unei crize financiare, nu c\u0103 am prezice noi o criz\u0103\u201d, spune Tom Hancock, manager al fondului GMO Quality Fund, care gestioneaz\u0103 un portofoliu de 6,8 miliarde dolari. \u201eEste mai mult o perspectiv\u0103 pe termen lung\u201d.<\/p>\n
\n\u00cen mod ironic, sectorul financiar este cel care a fost lovit cel mai puternic de criza din 2008.<\/p>\n
\nHancock consider\u0103 totu\u015fi c\u0103 acestea vor trece mult mai bine prin urm\u0103toarea criz\u0103, datorit\u0103 unor evalu\u0103ri rezonabile \u015fi a m\u0103surilor de risk management pe care le-au implementat.<\/p>\n
\nAcestuia \u00eei plac \u00een mod special b\u0103ncile care se bazeaz\u0103 mai pu\u0163in pe profiturile \u00eencasate din tradingul intern, pentru c\u0103 acestea nu se vor pr\u0103bu\u015fi at\u00e2t de tare dac\u0103 pia\u0163a se scufund\u0103 \u2013 cum ar fi Bancorp, o \u201ebanc\u0103 conservatoare\u201d, care \u00ee\u015fi p\u0103streaz\u0103 rezervele de cash, arat\u0103 managerul.<\/p>\n
\nDave Eiswert, managerul portofoliului de 1,2 miliarde dolari al fondului T. Rowe Price Global Stock, are o alt\u0103 abordare \u015fi \u00eencearc\u0103 s\u0103 capitalizeze volatilitatea \u00een cre\u015ftere din pia\u0163\u0103.<\/p>\n
\nO volatilitate mai mare \u00eenseamn\u0103 mai mult\u0103 v\u00e2nzare \u015fi cump\u0103rare \u2013 ceea ce \u00eenseamn\u0103 venituri mai mari pentru companiile care iau un procent din orice tranzac\u0163ie. Eiswert este \u00eencrez\u0103tor, spre exemplu, \u00een CME Group \u015fi consider\u0103 c\u0103 acea companie va ob\u0163ine c\u00e2\u015ftiguri semnificative pe urma volumelor ridicate de tranzac\u0163ionare ce se datoreaz\u0103 volatilit\u0103\u0163ii ridicate. \u201eAt\u00e2ta timp c\u00e2t lumea este nebun\u0103, aceste ac\u0163iuni func\u0163ioneaz\u0103\u201d, spune Eiswert.<\/p>\n
\nPrincipalele companii financiare indicate de anali\u015ftii chestiona\u0163i de Fortune sunt CME Group, CBOE, U.S. Bancorp, MarketAxess \u015fi TD Ameritrade. <\/p>\n
\n <\/p>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
\u00cen contextul \u00een care investitorii se tem de un poten\u0163ial final al etapei de bull market prin care trec pie\u0163ele, ace\u015ftia au \u00eenceput s\u0103 se preg\u0103teasc\u0103 pentru bear market-ul de care sunt siguri c\u0103 o s\u0103 vin\u0103, potrivit Fortune. \u201eC\u0103ut\u0103m companii de care suntem siguri c\u0103 ar putea supravie\u0163ui unei crize financiare, nu c\u0103 am […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[201,7633,33181],"class_list":["post-167365","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-companii","tag-investitori","tag-sectorul-financiar"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/167365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=167365"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/167365\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=167365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=167365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=167365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}