Fri, Aug 29, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest