Sat, Oct 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

John Locke's CEO Bonnin (2): Stepping up from trend following to Machine Learning, Chains of Markov, Support Vector Machines and Kelly Rule

Wednesday, February 10, 2010

Benedicte Gravrand, Opalesque London:

Part One of the interview ("How Bonnin discovered the world of quant and why the French like it so") was published yesterday and can be found here.

Challenges for CTAs The big challenge, according to François Bonnin, is to be in research and to uncover more and more behaviours in the markets. As technology is evolving, it is doing some very impressive things.

"I recently heard, for example, of new software that is capable of distinguishing a person drowning from a person who is making some strange movements and playing," Bonnin said during the Opalesque video interview in Paris last month (view Part Two here). "Such things are only feasible thanks to new venues of research. It is quite similar in finance, if you think of the way prices form; it's people coming together and buying and selling things. This is like a vote in a way, and the more people buying and selling (or, the greater the liquidity of an instrument), the more information is embedded into the price."

Analysing this information with statistical, probabilistic methodologies can help decide what is going on and what course of action to take to protect, to manage risk, to take advantage of opportunities, to forecast and derive some alpha from the market.

Oppor......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to