33 min
Episode 10 - CFM chairman Jean-Philippe Bouchaud on the science behind systematic Alternative Fund Insight
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- Business
In the tenth episode of Alternative Fund Insight, Will Wainewright is joined by Jean-Philippe Bouchaud, co-founder and chairman at $10bn quant firm Capital Fund Management.
A physicist by training and a pioneer in the world of quantitative finance, Bouchaud has overseen the growth of Paris-based CFM to one of the world's largest quant hedge funds.
He discusses his career in finance, the shape of CFM today, the importance to the firm of academic research and why they decided to avoid crypto risk in the portfolio. Here is a listening guide to the episode:
1.57: Shape of CFM today
2.45: Why has it been such a good year for systematic?
5.13: What about trend-following?
6.58: Significance of this year’s regime shift
9.00: Has this year made you consider a change in strategy?
10.28: Will market environment continue to suit trend?
11.42: Has CFM gone into crypto?
13.39: Do more bond market battles lie ahead?
14.40: Is his academic or finance career more important?
17.50: Criticism of central bank models
20.12: Need for different underlying assumptions
24.05: Is there not a need for precise forecasts?
25.27: Volatility driven by price trends not fundamentals
27.36: Why did 1987 crash attract him to finance?
29.40: Difference between economics and physics
You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app.
*The AFI podcast is building an engaged industry audience — do let me know if you want to access it through a commercial partnership in 2023*
All feedback welcome. If you enjoyed this or other episodes please leave a rating or review.
Contact Will: will@alternativefundinsight.com
Visit the website: www.alternativefundinsight.com
You can sign up for a free weekly newsletter on the AFI homepage and follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight
Release date: 5 December 2022
*No part of this audio constitutes investment advice. Past performance does not guarantee future returns*
In the tenth episode of Alternative Fund Insight, Will Wainewright is joined by Jean-Philippe Bouchaud, co-founder and chairman at $10bn quant firm Capital Fund Management.
A physicist by training and a pioneer in the world of quantitative finance, Bouchaud has overseen the growth of Paris-based CFM to one of the world's largest quant hedge funds.
He discusses his career in finance, the shape of CFM today, the importance to the firm of academic research and why they decided to avoid crypto risk in the portfolio. Here is a listening guide to the episode:
1.57: Shape of CFM today
2.45: Why has it been such a good year for systematic?
5.13: What about trend-following?
6.58: Significance of this year’s regime shift
9.00: Has this year made you consider a change in strategy?
10.28: Will market environment continue to suit trend?
11.42: Has CFM gone into crypto?
13.39: Do more bond market battles lie ahead?
14.40: Is his academic or finance career more important?
17.50: Criticism of central bank models
20.12: Need for different underlying assumptions
24.05: Is there not a need for precise forecasts?
25.27: Volatility driven by price trends not fundamentals
27.36: Why did 1987 crash attract him to finance?
29.40: Difference between economics and physics
You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app.
*The AFI podcast is building an engaged industry audience — do let me know if you want to access it through a commercial partnership in 2023*
All feedback welcome. If you enjoyed this or other episodes please leave a rating or review.
Contact Will: will@alternativefundinsight.com
Visit the website: www.alternativefundinsight.com
You can sign up for a free weekly newsletter on the AFI homepage and follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight
Release date: 5 December 2022
*No part of this audio constitutes investment advice. Past performance does not guarantee future returns*
33 min