PortfolioConstruction Conference: fund of hedge funds
The core philosophy of fund-of-fund investing is to generate absolute returns with low correlation to traditional asset classes.
While promoting investment utopia to advisers, fund-of-funds remain in the spotlight for their perceived correlation with major equity markets and performance during periods of market stress.
At this year’s PortfolioConstruction Conference (August 27-28), Adrian Gmuer, business head of RMF Investment Management will analyse the time-varying nature of correlations between fund-of-funds and traditional asset classes with a specific focus on analysing performance during crisis periods. He will develop an intuitive framework to analyse fund-of-fund returns and measure what are genuine skill-based returns versus expensive beta.
Research papers from the PortfolioConstruction Conference will be available in the August edition of Money Management’s Technical Adviser.
Now in its seventh year, PortfolioConstruction Conference has earned a reputation as the investment conference of the year. To register, go to http://www.PortfolioConstruction.com.au/Conference
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
