Demystifying the Increasingly Confusing Buy Side
Thursday, June 8, 2023 | 10:05AM
- 10:50AM | Room: Chicago Ballroom
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General Session
| Elizabeth Librizzi | Edward Young | Bill Wappler | Mark Pellegrino |
Buyside asset managers are rapidly evolving their complexity and sophistication with the aim of generating investment performance in all types of market environments. Increasingly, traditional labels used by IROs are difficult to apply as more firms implement multi-strategy approaches to investing. Traditional long only firms have evolved their investment processes with some launching alternative products and others bringing research and corporate access in-house. While the “hedge fund” label is often used as a catch-all in the IR community to refer to “an institution that can short my stock,” hedge funds can take on many different shapes and approaches to investing. Understanding all these complexities has many implications to IROs, from who you meet with (and why) to how you think about shareholder targeting.
This session will hear from some of the most forward thinking asset managers on how their firms have evolved, how they manage the different strategies they employ, including their approach to shorting stocks, and will explain why understanding the nuances of the buyside can help with finding the real buyers of your stock. In addition, we will hear from the sellside on how it is evolving its business to better cover and partner with their buy side clients and how the latest financial crisis impacting banks on Wall Street will impact the buyside and corporate community.