Mon, Jul 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Misconceptions about hedge fund replication, Part 3

Monday, December 16, 2013

amb
Lars Jaeger
Benedicte Gravrand, Opalesque Geneva:

Lars Jaeger, a well-known expert on alternative beta, talks to Opalesque about the common misconceptions about hedge fund replication from a provider’s angle.

In Part 1, Andrew Beer of Beachhead gave his perspective and so did Adam Patti of IndexIQ in Part 2 of this article.

A bottom-up approach Lars Jaeger, founder and CEO of Alternative Beta Partners AG, a Swiss-based investment manager specializing in alternative beta and insurance linked securities, thinks the initial way hedge fund replication was done was flawed.

"Hedge fund replication has been for most offerings based upon the replication of a specific index or a specific time series through statistical means," he tells Opalesque. "Let’s say you take the Hedge Fund Research database or an index, you apply certain statistical methods, specifically linear regression models, and then you invest into those factors as they come out of the regression. That was developed by a few providers, specifically investment banks, and they coined this 'hedge fund replication,’ which is really replication of a hed......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New