|
Masterclass B
Friday 2 March 2007, 9am - 5pm
UNDERSTANDING ALPHA TRADERS
Led by:
Philip York, Chief Executive Officer
Empyreal Investments, Australia
Masterclass objective:
This Masterclass is designed for FoFs and hedge fund managers who want a deep understanding of technical alpha trading.
Participants will gain an understanding of:
-
The psyche and mentality of traders, their strengths and weaknesses;
-
Markets and the inefficiencies Alpha traders seek;
-
Actual mathematical models used by Alpha Traders;
-
Theory and practice of money management models;
-
Shortcomings of Modern Portfolio Theory in its application to Alpha Trading and the methods employed by various traders.
Masterclass agenda
9:00 am Understanding the trader
10:00 am Break and questions
10:15 am Philosophy of the market
11:15 am Break and questions
11:45 am Introduction to technical trading systems
1:00 pm Networking lunch
2:30 pm Gambling theory and money management methods
4:00 pm Break and questions
4:30 pm Portfolio construction methods and closing discussi
Who should attend?
-
Fund of Fund managers looking to understand more about the traders they allocate than those traders are normally willing to share;
-
Proprietary traders looking to learn what is required to transition to a hedge-fund manager;
-
Single strategy managers wanting to learn more about alpha trading systems and methods.
About the Masterclass leader
Mr. York commenced trading equities and derivatives in 1984, after extensive research. Mr. York commenced trading Managed Accounts in 1992, forming his first hedge-fund in 1996. The audited performance of Mr. York’s trading from 1996 through to 2003 has resulted in a return on capital well in excess of 15% per annum.
Through this period Mr. York developed and implemented statistical trading systems and methods, money management systems to normalize allocation risk and statistical allocation methods. Mr. York also designed computer systems to fully automate the process and carry out walk-forward testing of dynamic portfolio allocation methods. Through this period he solved many of the problems related to the application of Gaming Theory and Modern Portfolio Theory in portfolios that are actively traded and those using leveraged investments.
As CEO of Empyreal Investments (AFSL 237850) Mr. York now specializes in seeding and promoting new managers as well creating Fund of Funds for institutional clients.
|
Masterclass will commence at 9:00am sharp and registration starts at 8:30am.
Refreshments will be served at the appropriate times. |
|
