Thu, Jun 30, 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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.