Thu, Aug 25, 2016
A A A
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. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord