Hedge funds - Bad boys of our industry or champions of diversification?

VanMac Group returns to this year’s ASFA conference with a special breakfast workshop on Wednesday, 12 November discussing the broader concepts of total return portfolios and the contribution that alternatives make. The presentation will be repeated in Sydney on 19 November at the Union and US Club, in Bent Street.

Both events will examine the complicated issue of risk and fee attribution measurement: As investors become more sophisticated and understand the benefits of total return investing and therefore the use of cheap beta combined with more expensive alpha exposure, investors will need structures that enable alpha porting and similar efficient strategic allocations to ‘pure’ alpha as transparency and risk management need to be understood at the portfolio level.

Finally, participants will hear first hand some of the recent lessons learned by institutional hedge fund investors, including:

• Does size really matter?
• The liquidity balancing act.
• Fund of funds vs. single hedge fund managers.
• Correlation – to what?
• Attribution analysis and sources of alpha.

Chaired by Glen Sanders, Senior Investment Consultant, ipac Investment Services, speakers at the workshop will be Ryan Pearson, Senior Vice President, Greenwich Alternative Investments; Scott A J MacDonald, Managing Director, VanMac Global Partners; and Dr. Zhiyi Song, Managing Director, Risk and Quantitative Research, Greenwich Alternative Investments.

Find out more about the conference here or register for the Sydney event by following the links here.