Sat, Mar 6, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Equities over gold, says expert investor

Monday, July 20, 2020

amb
Sandy Koifman
B. G., Opalesque Geneva:

68 years ago, economist Harry Markowitz formulated the Mean-Variance Efficient Frontier and a quantitative method that could help investors maximize risk-adjusted returns. According to his model of the Efficient Frontier, a portfolio is "efficient" if it has the best possible expected return for a given level of risk, or likewise the lowest possible risk for a given level of return. Markowitz ended up winning a Nobel Prize in 1990. His resulting Modern Portfolio Theory (MPT) has apparently stood the tests of time and is currently embraced by many consultants.

One of which is a new advisor called, fittingly, Efficient Frontier Investing (EFI). It was founded in 2018 by finance veteran Sandy Koifman and long-term associate Toby Main, who met while at global investment firm Bedrock Group. The two partners have since proven their mettle by advising some seven successful funds on ideas, products, themes, "intelligent ways of investing in equities" and, above all, risk management. They're just the engineers, they say. And their intellectual output goes a long way into the practical.

Waiting for Godot

"Many managers out there are losing money for many rea......................

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. SPAC and ESG fads are on collision course with billions at stake[more]

    From Bloomberg: Two of the hottest equity market trends are headed for a clash as some ESG investors are having second thoughts about blank-check firms that have flooded the market. Early signs show that money managers wedded to environmental, social and governance themes are reluctant to buy in

  2. SPACs: Casdin, Corvex are on a SPAC tear, Carvana becomes the darling of hedge funds, YieldStreet explores creating a SPAC of its own, SPAC wave stirs IPO competition[more]

    Casdin, Corvex are on a SPAC tear From Institutional Investor: Casdin Capital and Corvex Management are the latest serial blank-check sponsors.The two hedge fund firms filed plans for their third special purpose acquisition company, or SPAC, just two days after pricing their second one a

  3. New Launches: Vector Group launches new proptech fund[more]

    Vector Group announced the launch of New Valley Ventures, an investment vehicle seeking opportunities in next-generation technologies in the property technology (PropTech) space. New Valley Ventures will invest in promising PropTech startups committed to supporting rapid transformation of the real e

  4. SPACs: Perceptive Advisors lays out the $8bn hedge fund's SPAC strategy, SPAC boom fades as ETFs tracking blank-check firms crater amid risk-off sentiment, Are blank cheque companies surrogates for private equity?[more]

    Perceptive Advisors lays out the $8bn hedge fund's SPAC strategy From MSN: Compared to the average SPAC sponsor, Perceptive Advisors' track record has been phenomenal. Less than a third of SPACs that took a target company public between 2015 and the summer of 2020 generated positive retu

  5. Opalesque Exclusive: ESG factors reflect very serious changes on how dollars will be invested in the future[more]

    B. G., Opalesque Geneva: As reported yesterday, credit rating and research company