Radio Feature 26: Christof Schmidhuber in conversation with Sona Blessing
Wednesday, August 31, 2011
Christof Schmidhuber, is a partner at Syndex Capital Management.
Formerly he was Global Head of Hedge Fund Risk Management at Credit Suisse and a member of the investment committee. He and his teams in Zurich and New York were responsible for operational due diligence and market risk monitoring of several hundred hedge fund managers, and of multi-manager portfolios with AuM exceeding USD20 billion.
In this radio feature he elaborates on how and why Syndex replication is different and how it can be integrated into an asset allocation mandate
Download this feature as MP3 (11.55 MB)
Listen to the complete feature
Or listen to selected sub-features
So Christof, what is special about Syndex replication?
How has the Global Syndex performed (a) in general, and (b) through August 2011?
What lessons have you learnt from the market melt-down in August 2011?
Are there hedge fund strategies that cannot be replicated?
What are the risks of replication?
Inherent model risk, other systematic model related risk (i.e. the summer of 2007), confined universe?
How scalable is the strategy?
How can investors integrate your process into their asset allocation mandates?
Where do you think the hedge fund industry is headed?
Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure [more]
Fund managers bullish on equities, alternative asset classes
From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m [more]
New hedge fund strategy: Dispute the patent, short the stock
From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay Tiger Global falls 2.9% in March, down 5.3% in Q1 [more]
From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday.
Much of the decline came in March when the fund lost 2.9 percent, It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds [more]
From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca Hedge funds gain 2.4% in Q1 driven by currency and commodity markets [more]
Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong
first quarter, with performance driven by strong macro trends in
currency and commodity markets, complemented by broad-based gains and
positioning in event driven, equity hedge and fixed income-b