Thu, Nov 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Stenham hires new head of risk

Friday, February 03, 2012
Opalesque Industry Update - Stenham has recently made a new hire for the role of Head of Risk Management and Quantitative Research.

A seasoned professional, Pablo Balan, has joined us to head up the risk management and quantitative research functions. Mr Balan joined us in the last quarter of 2011 and is based in our London office. He is a member of the firm’s Investment Advisory Committee and is responsible for overseeing all aspects of risk across the full range of Stenham’s funds and portfolios. His assessment of risk encompasses the fundamental and quantitative inputs to the Stenham investment process. He is also responsible for generating quantitative research on underlying funds and portfolio analytics to assist the fund selection, monitoring and portfolio construction processes.

Mr Balan has 17 years of investment experience, and spent 8 years at Coutts & Co where, as Global Head of Portfolio Risk and Quantitative Analysis, he was responsible for investment risk management, portfolio construction and quantitative systems development. Total client assets for which he had responsibility exceeded £20 billion. He first joined Coutts as a Manager for Customised Investments, with responsibility for originating, structuring and selling equity, fixed income, foreign exchange and commodity structured products. Prior to Coutts & Co he worked for Citigroup Private Bank in London as Vice President of the Foreign Exchange and Interest Rate Derivatives desk and in the United States as Vice President Investment Counselor advising Latin American clients on their investment strategy. Earlier in his career he held investment roles at two single manager hedge funds.

Mr Balan is a CFA Charterholder and has an MSc in Mathematical Trading and Finance from Cass Business School. He also holds a Master in International Affairs from Columbia University and a B.A. in Physics from Amherst College in the United States. He is currently undertaking an executive track PhD in Finance at the EDHEC Business School with a primary research focus on Hedge Funds. He is fluent in Spanish and Portuguese, and proficient in French.

Jeremy Alun-Jones, Group Managing Director, said: ‘We are delighted to welcome Pablo to Stenham who brings with him a wealth of institutional level risk management experience. At Stenham we have a very conservative approach to managing clients’ investments with risk management being at the heart of our investment philosophy. Our investment process has evolved over the last 20 years to be as much about managing risk as delivering returns. We have a qualitatively driven approach with significant input to our investment decisions from operational and quantitative research which ensures there is a robust challenge to our qualitative view.’

Pablo Balan said: ‘I am delighted to have joined Stenham. I have respected the company for many years and since joining have become further impressed by the calibre of the firm and the people. Stenham has impressive risk management systems and processes which I am looking forward to further developing. I will also be looking into how quantitative research can be more deeply embedded into our investment process.’

(press release)

Stenham Limited is an international financial services group providing alternative asset management investment solutions, with assets under management of around US$ 5.6 billion (as at December 2011). In addition, the group's fiduciary business provides consulting and administration services to meet a range of client requirements. www.stenham.com

BG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  3. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  4. Opalesque Exclusive: Risk management emerges as a competitive focus area for hedge funds[more]

    Bailey McCann, Opalesque New York: Risk management has always been a core component of any trading strategy, as well as a critical part of business management. However, as macreconomic weakness persists, and alpha becomes increasingly hard to generate, risk management as emerged as a more promin

  5. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

No records found.