Sun, Nov 1, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Steve Drobny's new book makes case for risk-focused portfolio construction

Tuesday, May 04, 2010

From Kirsten Bischoff, Opalesque New York: 

"People who have survived the global financial crisis - those who didn't lose money, or those who made money - really focused on risk, and took a downside risk management approach rather than focusing on how much money they wanted to make," says Steve Drobny, who's newest book "The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money" recently hit the shelves. 

In 2010, with the world economy still on shaky ground, and governments still unsure if efforts to stabilize financial markets are really working or just temporary patches trying to shore up a systemic problem of epic proportions, much of the focus on finance is that of the ever popular blame game.  Many things went wrong, and a litany of books, articles, and episodes by talking heads have been poring over the events of the past, but Drobny points out in his preface, "the world has not ended and investors must now adapt and adjust to the new reality." 

The Invisible Hands focuses on what went right for those investors who at a minimum protected assets, and in many cases posted positive performance during the crisis of 2008.  Interviewing a number of successful money managers (including Andres Drobny, Jim Leitner and 10 anonymous hedge fund managers), he explores global macro portfolio management across its var......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m