Wed, Mar 21, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Finding value, and true alpha in a fund of funds

Tuesday, December 04, 2012

Bailey McCann, Opalesque New York:

Ayaltis is a Swiss-based fund of funds supported by various, substantial family offices which separates it from other fund of funds in the space, according to its Chief Investment Officer and Co-founder, Ernesto Prado. He spoke about what these family offices allow his firm to do in a recent Opalesque TV interview with Matthias Knab.

Backed by the support of family offices, Ayaltis is able to pursue a more decisive set of opportunities according to Prado, which translates into performance and the ability to explore more interesting opportunities. Prado himself is originally from the proprietary trading world, and has translated that experience into his work at the firm. During his work as a proprietary trader for Salomon Brothers, Prado developed expertise in sovereign bonds, derivatives, corporate bonds, and various structure products, from mortgage-backed securities, to CDOs.

Now, he uses that understanding to take a deep dive into poorly performing securitized assets to understand what is healthy and what isn’t. Pairing those aspects in a new ways has allowed the firm to realize returns in a new opportunity set.

"Most of the markets believe that hedge funds to actively hedge have to match long with a short to hedge. Well, I was taught to understand that you don't necessarily to match long with a short to be hedge. You can match two l......................

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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu