|
| 09.10 | Hedge fund risks and how to manage them
- Focusing on risk analysis prior to investing: meet the managers and examine their record
- Risks derived from the structure of the hedge fund product
- Risks associated with different strategies of single funds underlying fund of funds
- An indepth look at select key terms and hidden risks
- Due diligence of hedge funds and ongoing risk
|
| | Kevin Ferro,
Chairman and Chief Executive Officer,
Ferro Capital LLC
|
|
| 09.50 | Active risk management post-investment and the integration of risk into the investment process itself
- Why transparency and risk management for hedge fund portfolios?
- Risks in hedge fund investments
- AIS risk management in an integrated investment framework
- The structural requirements for risk management in a hedge fund portfolio
- Transparency and active risk management: analysis and control
|
| | Lars Jaeger,
Managing Partner,
Partners Group
|
|
| 10.30 | Coffee break |
|
| 11.10 | What are the risks of absolute return strategies?
- A historical perspective of risk and returns
- What is the difference between the absolute and relative return approach?
- Is the absolute return approach about to replace the relative return approach?
|
| | Alexander Ineichen,
Executive Director, Head of Equity Derivatives Research,
UBS Warburg
|
|
| 11.45 | Managing risk and monitoring performance in the new generation of German hedge fund products
- Essential information within the due diligence process
- Essential information and risk/return expectations
- Risk control through diversification
|
| | Moderator:
Elisabeth Hehn,
Managing Director & Founder,
Dr Hehn Associates
|
|
| 12.00 | Panel session:
Why transparency and risk management for hedge fund
products?
- The type of risk in fund of funds and structured products
- An integrated view on the investment and risk management
process
- Transparency and active risk management: daily analysis and
control
- Risk analysis: outsourcing or internal development?
|
| | Peter Woehrmann,
Partner,
Quantrade AG
|
|
| 12.30 | Lunch |
|
| 14.00 | Regulators and hedge funds - case study from the UK s FSA
- Developments since publication of FSA s discussion paper
hedge funds and the FSA
- Regulation of hedge fund managers
- Retail marketing - are retail investors ready?
- Money laundering
|
| | Ashley Kovas,
Manager, Asset Management,
FSA
|
|
| 14.40 | Application of hedge fund indices
- Desirable properties of an index
- Determining the basic universe for a hedge fund index
- Categorisation of hedge funds
- Comparison of popular hedge fund indices
- Issues with benchmarking of hedge funds
- Index investments
|
| | Werner Goricki,
Director, Hedge Funds,
Feri Alternative Investments
|
|
| 15.20 | Coffee break |
|
HEDGE FUND PRODUCTS AND ASSET ALLOCATION
|
|
|
| 16.00 | How to fulfil the investment needs of the German retail investor through hedge funds
- The investor perspective - required product characteristics
- Recent experience in light of market developments
- Market outlook based on trends and experience in other European markets
|
| | Bastian Schmedding,
Partner, Board member of BAI,
Allianz Hedge Fund Partners
|
|
| 16.40 | Case study: Austria and the hedge funds world
- The Austrian alternative investment industry
- Austrian institutional investors and hedge funds
- Marketing hedge funds in Austria
- Legal and regulatory issues
|
| | Georg Klein,
Managing Director,
Benchmark Capital Management GmbH
|
|
| 17.20 | Close of conference |