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
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