WHAT is it with tigers and the industry lately? Have no idea what we are talking about? Well tigers are those big orange cat-like creatures and the industry is … sorry, you mean what is the link between the two? Well, sit down and get comfy because the story goes like this.
Recently Asgard launched its individually managed accounts and wrap service using the theme of the tiger being unleashed. They even went so far as to use the theme from one of the manyRockymovies — “The eye of the Tiger” (our apologies if that tune is stuck in your head all day).
Less than a week later, HSBC posts out an invite for an information session on investing in the Asian market referring to dragons and tigers, along with pictures of both beasts.
In the same mailbag is an invite to HedgeFunds World in Singapore that once again sports a picture of a tiger.
Now tigers are noble beasts, but what happened to the old imagery of bulls and bears, we are not quite sure. However, according to leaked rumours from the RSPCA, the constant use of these two creatures had put them into a state of nervous disarray and so they are taking some time off to recover.
In their place the tiger has stepped forth and will be taking on some of the roles of the bull, however, given the size of tigers’ teeth, the length of their claws and their speed, very few other animals are stepping up to take the role of the bear.
So get ready for a long drawn out tiger market and if you don’t like it, go and tell the tiger.
