Multi Managerfunds: Long Only Strategies for Managers and Investors - Softcover

Sohail Jaffer

Softcover

ISBN 10: 1843742209 ISBN 13: 9781843742203

Publisher: Euromoney Institutional Investor PLC, 2006

Synopsis

The first definitive guide to the rapidly expanding multi-manager industry. More than 20 leading practitioners (including product providers, distributors, private and institutional investors, trustees and consultants) provide you with a global overview of the industry.

About this title

Review

'Showing impeccable timing and impressive insight, this Euromoney book looks in detail at the workings of multi-management and explores how and why it has become an irresistible force set to dominate the investment world.' From the Foreword by Steve Delo Chairman of Association of Institutional Multi-Manager Investing.

About the Author

About the Editor Sohail Jaffer Sohail Jaffer is a Partner and CIO within the FWU Group, the international financial services group headquartered in Munich. FWU Group's core activities comprise asset management, life insurance (Family Takaful and unit-linked investment plans) and pensions. As Managing Director of Premium Select Lux SA, an asset management subsidiary of FWU AG in Luxembourg, his responsibilities include fund product development, the evaluation and selection of external asset managers for multi-manager programmes and building international distribution across bank and other financial intermediary channels for a broad array of private label wealth management solutions including a Dynamic Quant global equity investment strategy and socially responsible investment products. From June 1998 until June 1999 he was Senior Vice President within the International Mutual Funds Group of Scudder, Stevens and Clark Ltd, based in London and responsible for international product development in Europe and Japan. From 1989 to 1998 Mr Jaffer worked in Citibank London. He was with the Financial Institutions Group until 1996 and later was Director within Citibank's Alternative Investment Strategies Group, which formed part of Citibank Global Asset Management. His responsibilities included international business and product development, designing structured fund products linked to a broad spectrum of alternative investments, and the sales and marketing of a wide range of Alternative Investment Funds to institutional investors in Europe and the Middle East region. He is a UK qualified accountant (FCCA) and was an Audit Partner with PricewaterhouseCoopers. A Council Member of the Alternative Investment Management Association (AIMA) for the Benelux region, he was also Chairman of AIMA for two consecutive terms from 1997 to 2000. He is also an active member of AIMA's Investment Research Committee. He has written extensively on alternative investments throughout the financial media, and is the editor of Alternative Investment Strategies, Funds of Hedge Funds for Professional Investors and Managers, Islamic Retail Banking and Finance and Islamic Asset Management, all published by Euromoney books. Sohail is a member of ALFI's Asset Management Advisory Committee and of ALFI's Hedge Fund Committee. ALFI is the Association of the Luxembourg Fund Industry. About the Contributors Patrick Armstrong Patrick Armstrong joined Insight Investment in November 2003. Patrick is Head of Fund and Manager Selection at Insight Investment Multi-Manager responsible for selecting potential investment managers and funds for Insight's multi-manager offering, as part of a highly-experienced multi-manager team. Patrick's expertise lies in assessing the strength of managers' investment processes, and their ability to consistently outperform. Patrick was previously Head of Fund and Manager Selection at UBS in its Managed Accounts Programmes Group. Prior to this Patrick was an equity analyst at Deutsche Bank Securities, focusing on the energy sector. Patrick holds a Bachelor of Commerce degree in Finance and Economics from the University of Saskatchewan and an MBA from the Rotman School of Management at the University of Toronto. He is also a CFA charter holder. Andrew Bates Andrew Bates is a Partner and Head of Financial Services at Dillon Eustace, one of Ireland's leading law firms, where his areas of practice cover cross-border investment funds, asset management and life assurance. He is a member of the Irish Law Society and International Bar Association and is a regular speaker at fund management conferences and contributor to financial services related publications. Andrew also sits of the boards of several fund and asset management groups. Dillon Eustace has offices in Dublin, Tokyo and Boston and has an alliance with Arendt & Medernach, Luxembourg. Steven Bleiberg Steven Bleiberg is Head of the Global Investment Strategy Group at Legg Mason, managing the firm's multi-asset class products across a variety of client bases. Steven held the same job at Citigroup Asset Management (CAM) prior to Legg Mason's acquisition of CAM in December 2005. Before joining CAM, Steven worked at Credit Suisse Asset Management (CSAM), where he was a portfolio manager and Chairman of CSAM's Global Equity Strategy Group, joining in 1991. From 1989 to 1991, he was a portfolio manager at Matrix Capital Management in Greenwich, Connecticut. From 1984 to 1989, Steven was a research associate in the US Equity Department of BEA Associates. He holds a BA in Government from Harvard University and an MS in Finance from the Sloan School of Management at MIT. Pierre Carras Pierre Carras is a fund director (non-executive), and a consultant to the asset management industry. He has over 20 years' experience in financial services. From 2000 to 2001, he was Group Executive Director in charge of risk control and compliance for Fortis Investment Management. From 1987 to 1997, he was Resident Vice President with Citibank Luxembourg in the securities business and treasury where he achieved integration of compliance and risk, costing and financials, and product development for the fund administration business. He holds an MBA from Thunderbird in Phoenix, Arizona. Fernando Pablos Contreras Fernando Pablos Contreras is the head of Research and Development of ETS, an independent investment adviser. Fernando joined ETS in 1999 to set up the currency overlay models. After receiving a diploma in Industrial Engineering in 1997 from the Madrid Polytechnic University, he worked as project manager at S&K GIS developing quantitative models for logistics, route planning and population distribution projects. Dr Ana Cukic-Munro Dr Ana Cukic-Munro joined Insight Investment in November. Ana is Head of Portfolio Strategy and Construction responsible for overseeing portfolio strategy and construction of Insight's multi-manager offering, as part of a highly-experienced multi-manager team. Ana's expertise lies in enhancing alpha through effective portfolio strategy and construction. Ana previously held a similar role at UBS for three years, heading portfolio construction within the UBS Managed Accounts Programmes Group. Prior to joining UBS, she worked as a portfolio analyst at Fisher Francis Trees and Watts, specialising in futures and fixed income trading. Ana began her investment management career at Coutts & Co as an investment analyst. Ana holds a PhD in Quantitative Economics and an MBA in Finance from Imperial College, London. Nancy Curtin Nancy Curtin is Chief Investment Officer of Fortune Group, a London-based alternative asset management firm. Nancy has over 20 years' experience encompassing senior roles in asset management. Between 1993 and 1999 Nancy held a number of positions at Baring Asset Management including Head of Emerging Markets, member of European Investment and Asset Allocation Team as well as member of the Board of Baring Asset Management. In 1999 Nancy was appointed Managing director of Schroders Investment Management NA and Head of Global Investments. A US citizen residing in the United Kingdom, Nancy graduated from Princeton and Harvard Business School. Angus Duncan Angus Duncan is Sales Director at Aon Asset Management with overall responsibility for the retail business. Angus joined Aon Asset Management in 2004 and has over 18 years experience in retail financial services having held various positions in the fund management industry and in the life and pensions industry. Angus entered the financial services industry after six years in the army. He has in turn been an independent financial adviser, a sales director for retail fund management groups and latterly Head of Investment Sales at Skandia Life responsible for all investment sales communication. Tony Earnshaw Tony Earnshaw is Managing Director of Northern Trust Global Advisors Ltd and Chairman of the European Investment Committee. He was also founder Chairman of the Association for Institutional Multi Manager Investing. Prior to joining Northern Trust in 1998 he spent 20 years as a pension consultant, with responsibilities including business management and investment manager review and monitoring. He obtained his BA in Social Science in 1975 and is a Fellow of the Pensions Management Institute. Mathieu Gilbert Mathieu Gilbert is Head of the Currency Overlay Department of La Compagnie Benjamin de Rothschild S.A. (CTBR), a member of the LCF ROTHSCHILD Group, specialising in risk management services. CTBR handles all currency overlay services provided by the Group. Mathieu joined the Group at the beginning of 2000 to develop and run the currency overlay activity. Mathieu holds a post-graduate diploma in Finance from the Paris-Dauphine University and a masters degree in Risk Management, Nicholas Harries Nicholas Harries was called to the Bar in November 1995. He practised from Chancery chambers in Lincoln's Inn until January 2001, following which he spent two years in the private client tax department at one of the big four accountancy firms. He joined the private client department at Macfarlanes in April 2003 and requalified as a solicitor in July 2005. His main area of expertise is trusts - including the relevant UK taxation principles (particularly concerning offshore trusts), drafting and technical points of trust law. Nicholas is the author of a chapter in Tolley's Administration of Trusts on the creation of trusts, the editor of the tax planning chapter of Foster's Inheritance Tax and a contributor to Simon's Direct Tax Service. Tom Hoffman Tom Hoffman is Head of the Investment Research Group at Managers Investment Group (Managers) that oversees the research and analysis of all portfolios and portfolio managers available through Managers. He is a senior member of the firm's Investment Committee. Tom joined The Managers Funds (predecessor to Managers) in 1994 as a senior investment analyst. Prior to that, he worked for four years as an investment analyst at Liberty Asset Management Company in Boston, and before that with KPMG Peat Marwick in its Investment Supervision Consulting Group. Tom is a Chartered Financial Ana...

Edition details

• Publisher: Euromoney Institutional Investor PLC
• Publication date: 2006
• Language: English
• ISBN 10: 1843742209
• ISBN 13: 9781843742203
• Binding: Paperback
• Number of pages: 270