Fair Trade Investing
Radio Feature 46: Klaus Tischhauser in conversation with Sona Blessing
Thursday, April 05, 2012
Klaus Tischhauser is Co-Founder and CEO of responsAbility. His milestones there include the launch of the world’s first retail microfinance fund in 2003, and winning the G-20 SME Finance Challenge. In this radio feature he shares his expertise on fair trade investing, the outlook for the space, how such opportunities can be made investable, the criteria used, tracking such investments, mitigating risk...
Download this feature as MP3 (9.89 MB)
Listen to the complete feature
Fair Trade Investing
Or listen to selected sub-features
Q1 - Criteria/filters used to determine whether to allocate capital to such opportunities?
Q2 - How does one invest? Is it via fixed-interest debt securities? Do you also allocate to equity?
Q3 - Could you give us a sense of the amounts allocated and the timeframe?
Q4 - Are loans extended directly to farmers/exporters - or only via an intermediary - such as a co-operative? Both? Both and/or other(s)?
Q5 - Do you have "on the ground intelligence" - DDQ and monitoring of your investments?
Q6 - How is portfolio concentration risk, which could be as high as 80% for e.g. allocated to coffee, mitigated? How is this risk hedged/minimised? How do you cope with exposure to other risks - diseases, natural catastrophes, man made disasters, theft, fraud, default, „off-taker“ risk...)
Q7 - Do you buy insurance and what are the collateral requirements?
Q8 - Could you elaborate on the outlook and potential for investments in the fair trade space?
Goldman offers hedge funds to the 99% [more]
From TheStreet.com: Goldman Sachs said Thursday it is bringing the sophisticated trading strategies of Wall Street hedge funds to individual investors with investment portfolio's and retirement accounts as small as $1000.
The bank's investment management unit, Goldman Sachs Asset Management, i Opalesque Exclusive: New research examines quantitative trend following as an equity risk hedge [more]
Bailey McCann, Opalesque New York:
New research from Nigol Koulajian founder and CIO, and Paul Czkwianianc, Head of Research at Quest Partners, a New York-based systematic fund, looks at how quantitative trend following could be used People – Jupiter switches lead manager on alternative UCITS fund, Dr. Dermot F Smurfit appointed as Chairman of the ML Capital Group [more]
Jupiter switches lead manager on alternative UCITS fund
From Citywire.co.uk: Jupiter has named Mike Buhl-Nielsen as lead manager on its Europe-focused long/short equity fund, the asset management company has announced… Full article: Launches – Blackstone preparing launch of ‘super’ hedge fund, Paulson said to team with insurer for new low-tax merger fund [more]
Blackstone preparing launch of ‘super’ hedge fund
From FT.com: Blackstone is preparing to launch a “super” hedge fund to cherry-pick the best trades from the hundreds of third-party hedge funds it invests with, in an effort to try to recapture the outsize returns the $2tn industry was on JP Morgan Undiscovered Managers Behavioral Growth Fund (Institutional Class): Seek to identify US stocks, they believe are mispriced based on behavioral biases rather than the more typical mispricings (price-to expense ratio, price-to-book ratio or growth rates) used.