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Zurich & London: ICON MoSAIQ Carmika JV

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MoSAIQ aims to generate double-digit average yearly returns with no negative years.

It achieved all these objectives since launching its first strategy live in 2014: its flagship strategy Icon-MoSAIQ-Carmika Market Neutral is up more than +27% YTD net as of July 27th 2020 and has a live Sharpe Ratio above 3 since inception.

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On this Opalesque Virtual Manager Visit, we'll travel to Zurich to visit Icon Asset Management and take a look at their ICON MoSAIQ Carmika all weather strategies.

Elias Nechachby, CFA, developed the first MoSAIQ models in 2006 by creating a long only strategy that demonstrated the ability to beat the S&P500 total return 70% of the time by 5% to 10% annually. He subsequently added a hedge engine in the 2011-2015 period, and the long/short volatility engine in 2015 to turn the strategy into an all weather absolute return strategy. MoSAIQ is based on behavioural finance paradigm and uses AI tools such as, but not limited to, genetic algorithms, neural networks and support vector machines coupled with proprietary techniques and a process-driven approach to build robust models that trade systematically in liquid S&P 500 and Nasdaq 100 cash equities, index and volatility futures as well as index options (Carmika permanent hedge).

Elias Nechachby's strategies have shown extreme resilience during periods of market turbulence, outperforming the S&P500 in both up and down years.

In this video, you'll also meet ICON Asset Management founder Richard Toolen before we'll take you to London to meet Manjeet Mudan, Ph.D., Martin Vestergaard and Michael Cameron from Carmika Partners.

This Opalesque Virtual Investor Visit covers:

  1. Icon Asset Management's Zurich office & the rationale for the ICON MoSAIQ Carmika partnership

  2. What ingredients MoSAIQ uses to create and all weather strategy

  3. Why the theories and academic framework that most multi-billion asset managers and hedge funds rely on to manage their portfolio cannot generate above average returns nor consistently beat their passive benchmark

  4. The deeply rooted misconceptions and erroneous practices around hedging in the asset management industry

  5. A new approach and a new way to look at risk management.

CONTACT

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To speak with our editor Matthias Knab, dial +49-89-2351-3055