Heard by the waters of Lake Geneva
Sep 25th, 2007 | Filed under: Alternative Beta & Hedge Fund ReplicationHeard on the floor at Terrapinn’s “Hedge Fund Replication & Alternative Beta” conference in Geneva so far today…
“His trading process may be “naive”, but his fees sure aren’t!”
- Professor Harry Kat on the hedge fund replication strategy pursued by another well-known firm.
“The asset information submitted to any of the databases is absolutely useless. How many of the biggest hedge funds in the world actually provide an information to any database? BGI, one of the world’s largest hedge fund managers, does not submit its data to any of the hedge fund indexes.”
“Five years from now, all hedge fund replicators will be out of business. We’ll all look back and think ‘what a silly idea that was’!”
- Stan Beckers, Head of Alpha Management, BGI on hedge fund databases and hedge fund cloning in general
“Tom Schneeweis and I published our own hedge fund replication results on our website 6 years ago. But we only got 2 phone calls…No one cared…so eventually we stopped doing it. Apparently we should have continued.”
- Hossein Kazemi, Center for International Securities and Derivatives Markets (CISDM), jokes about his sense of timing in front of an overflow conference audience
Click below for more quotes from the lakeside…
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