Category Archives: Allgemein

Poll result: Does cognitive science expose a serious mistake made by most asset allocators?

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In our last newsletter Stephen Duneier of Bija Advisors claimed that cognitive science exposes a serious mistake made by most asset allocators.

We asked you – our readers – whether you agree with this bold statement.

The opinions were were not as divided as one might expect with a topic as controversial as whether investors basically make a mistake by demanding from CIOs to be heavily invested in their own investment fund.

In the end a clear majority voted that they agree that “cognitive science exposes a serious mistake made by most asset allocators”.

Poll Result_2015_11_website

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Manager Spotlight November 2015

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Raymond JookRaymond Jook
Founder, Managing Director & CIO,
Avant Capital Management (HK) Limited

AuM: >USD 150m
Strategy: Greater China Long Short Equity and Small-Mid Caps

Favorite…
Sport: Golf, swimming and jogging
Drink: Red wine
Food: Chinese

If you could time travel back to day one of your fund and have 15min with your former self to communicate any lessons you’ve acquired with the intention of saving yourself headaches, what would you tell yourself?
Pay a little more attention to the global macro economies and be more relaxed during times of market volatility. Stressing out during bad times will cloud your investment decision making process. Our fund was badly hit by the European credit crisis in 2011.
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Opinion: Cognitive science exposes a serious mistake made by most asset allocators

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Stephen Duneier
CEO,
Bija Advisors

 
Why is it that results “produced” through paper trading are discounted relative to those that are actually generated?

For anyone who has managed capital, the reason is obvious. What a paper trader’s experience lacks is the emotional impact of losses, gains, regret, and accountability. When real money is at stake, repercussions from a misstep can involve serious consequences, and that affects the decision maker, and her process. Read More

Poll Result: Will the salesperson of the future be invisible?

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In our last newsletter Kyle Dunn of Meyler Capital predicted that the salesperson of the future will be invisble. We asked you – our readers – whether you agree with this bold statement.

The opinions were divided as one might expect with a topic as controversial as whether the salesperson has to change its approach completely going forward in order to make a sale.

In the end the majority voted that they agree that the potential investor is (at least) as informed as the salesperson which changes his role fundamentally.

Poll Result_2015_10_website

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Manager Spotlight October 2015

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BastianBastian Bolesta Bolesta
Founding Partner & CEO,
Deep Field Capital

AuM: USD 45 million
Strategy:  Systematic Managed Futures
Favorite…
Sport: Rock Climbing & Yoga
Food: Fusion Cuisine
Book: The Three Little Pigs

If you could time travel back to day one, when you started your trading program in July 2010 and have 15min with your former self to communicate any lessons you’ve acquired with the intention of saving yourself headaches, what would you tell yourself?
Try to focus on what you do best and what you are passionate about – in our case trading and research – and outsource as many of the other critical functions to professionals in their fields. Nowadays, we heavily rely on professionally hosted cloud computing for our purely systematic fully automated trade execution, the ongoing research process and the monthly re-modelling of the portfolio. If you are good in developing trading models try not to build an operational expertise in running a server park. Read More

Opinion: The salesperson of the future will be invisible

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Kyle DunnKyle Dunn
President & CEO,
Meyler Capital

No, I am not indicating that the future will be void of human contact, nor am I down playing the importance of relationships. I am simply conveying that people now have a strong aversion to being “sold” to.

This is especially true for institutional investors. They want to feel in control, that they have objectively made the decision to approach you, not the other way around. You will never convince an allocator of anything. They don’t want to be convinced. You can, however, present information in a logical manner, and let them arrive at their own conclusion. How you present that information is “the sell”. Read More

Poll Result: Are index fund parasites killing their host?

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In our last newsletter Jeffrey Miller of Eight Bridges Capital Management stated that “index fund parasites are killing their host”.

We asked you – our readers – whether you agree with this bold statement.

The opinions were not as divided as one might expect with a topic as controversial as whether index funds and risk-parity funds increase market volatility and correlations within sectors.

In the end the majority voted that they agree that “index fund parasites are killing their host”.

Poll Result_2015_09_website

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