United States of America, the hedge fund Group team, richard Wilson, managing Director. Wilson helps 100M net worth families create and manage their single family offices and currently manages 14 clients including mandates with three billionaire families with a total of 5B of buy-side advisory mandates in place. Richard is also the founder of the family Office Club, the largest membership-based family office association (m) with over 1,500 registered family office members. Richard has spoken at over 150 conferences in 17 countries, has the 1 bestselling book in the family office industry, the single family Office: Creating, Operating, and Managing the Investments of a single family Office and a recently released book called. How to Start a family Office: Blueprints for Setting Up your Single family Office. Richard has his undergraduate degree from Oregon State University, his. From the University of of Portland, and has studied masters level psychology through Harvards alm program while previously residing in Boston.
Meanwhile, our technology stock portfolio still permits us to participate in the melt-up of this secular bull market. The hedge fund Group sponsors the certified Hedge fund Professional Designation Program and maintains a networking association of more than 125,000 hedge fund industry professionals who actively network, partner, and refer resources to each other. The hedge fund Group is the fastest-growing hedge fund organization with members from more than 70 countries and working in every major hedge fund city. Our organization manages several hedge fund seminar networking groups and members of our team often lecture at industry conferences in several hedge fund hub cities around the world. Hedge fund Group headquarters : international The hedge fund Group was founded in Boston 2006 and our headquarters have since been moved to west coast to Orenco Station in Portland, Oregon with associates and board members in New York, london, Chicago, sao paulo, san Francisco, bejing. If you would like to contact our team or if you have any questions please first review our detailed. Frenquently Asked questions page to see if your question is answered there and then please contact us through Click to Chat or email below, our office hours are monday- friday 9:00am 6:00PM (EST). We are looking forward to working with you within our program. Contact : Email: Phone : 1 (305)503-9077, fax: 1 (480) 772-4041, chat live. Address : Hedge fund Group (hfg re: chp designation Program 328 Crandon Blvd suite 223 key biscayne, fl 33149.
The main focus this coming week will be on earnings (this is the peak week of the Q2 reporting season) although a few macro events will be in focus, including the G20 finance margaret ministers / central bank meeting in Argentina (July 21-22 will Mnuchin talk to his Chinese counterpart. flash pmis for July (Tuesday, july 24 the Trump-Juncker us-eu trade meeting (Wednesday, july 25 the ecb meeting (Thursday, july 26 and the.S. Q2 gdp number (Friday, july 27). Earnings are expected from a third of s p 500 companies in the week ahead some of the names reporting include Alphabet (googl) reporting on Monday; at t, verizon and Texas Instruments on tuesday; Facebook, paypal, qualcomm, visa, general Motors, ford and boeing on Wednesday;. Your bsd portfolio management team has overweighted our short equity derivatives overlay for a few reasons (1) our stock portfolio is priced for earnings perfection (in fact, we have taken profit on a handful of holdings as some stock prices are within 5 of price. Your bsd global Tech investment mandate is 92 fully invested across 10 tech vendor sectors and a number of legitimate technology end-users, while carrying a 65 short equity indice derivatives position (on the notional value of the stock portfolio) to protect us from those inevitable market drawdowns. . If the markets fundamental / technical / capital flow foundations suffer a material change, we will adjust our long biased stock portfolio and our short derivatives hedge. . We have a shopping list of technology vendors and end-users ready to invest when those inevitable pullbacks occur. .
July 22, 2018 / A lot of news crossed the wires this past week, but. Equities didnt move dramatically (the dow, nasdaq, and spx all ended the week essentially unchanged while the major Eurozone bourses ended up small, as did the japanese stock market, but the mainland China stocks finished about unchanged and the hang Seng slumped.1. The Trump wrecking ball swung throughout Europe (hitting Brussels, london, and Helsinki) before turning to washington where he delivered controversial remarks on the. Dollar and Fed (Thursday afternoon and Friday morning on cnbc). The Q2 earnings season kicked off results were solid but not perfect (the week of July 23 is best the peak of the Q2 earnings season). There wasnt much major economic data out of the. But China reported a bunch of numbers while powell testified in front of the senate and house. The trade backdrop is mixed things look better with the eu (a big meeting is coming up July 25) and nafta while China remains opaque.
Semis are the winner in tech today following better results from amd (nvda xlnx, qcom hynix (MU). While trade war fears with China are still present, qcom walking away from nxpi at least removes overall uncertainty. The macro narrative is still being driven by trade and rates. The former topic has improved on a net basis two of the three trade war fronts (us-eu and us-nafta) sound much better and while the third is a big wildcard (us-china) Mnuchins tone on cnbc thursday morning was encouraging (it shouldnt be lost on investors. For the broader tape, the outlook view remains the same going forward should favor value/EMs at the expense of tech with the overall biased sideways-to-up small (although with tech now under a cloud the index will struggle with 2850 for the near-term). The next big event will be the boj tuesday morning as this will determine whether rates extend higher or reverse the recent rise. Treasury prices lifted today along with the Greenback, while gold and copper settled in negative territory. After Market movers : team reports.13.12e, rev 243.8m v 233Me; Exits the chat space, invests in Slack, establishes partnership;.2 afterhours expe reports.45 (ex Trivago) adj.91e, rev.88b.89Be;.7 afterhours cmg reports.87.
Performance, reporting, analyst (Entry level Finance)
Valuation date daily minimum investment 50,000 redemptions monthly mer ceiling 3 management fee 2 performance fee 20 high water mark yes hurdle rate 8 * Management fees and expenses may be associated with hedge fund investments. Please read the personal bsd global Tech Hedge fund. Hedge funds are not guaranteed, their values change frequently and past performance may not be repeated. The indicated rate of return is the historical compounded total return including changes in share value and reinvestment of all dividends. The benchmark is a blend of 50 Nasdaq essay Composite Index and Index. The blended index is chosen as the indices are generally followed as indicators of the performance of technology stocks and growth stocks, and our portfolio has approximately 50 of positions more correlated with the nasdaq Composite Index, and 50 of positions more correlated with the.
July 26, 2018 / What happened on Thursday? Investors sifted through an enormous volume of company-specific news, including a slew of earnings, m a, drug data releases, customer shifts, and more (F/FB/nlsn/mhk earnings blow-ups, amd/xlnx earnings blow-outs, the unraveling of qcom-nxpi, more arnc takeout speculation, biibs Alzheimers data, cof taking wmt from syf. Stocks in Asia saw mixed price action, while european bourses closed about one percent higher after the. eu trade detente and ecb meeting. S., the nasdaq shed 1 as Facebook led the tech plunge, while the dow added more than 100 points. The big fb problem came on the conference call where fb outlined a slew of headwinds (weaker growth, lower OMs, etc.).
Recent events and news are analyzed more closely to determine if any material changes have occurred in the company that may lead to a secular shift in business model and ultimately price trends. Risk management, we believe that sound diversification within this sector is key to maximizing risk-adjusted returns. We hold 35 to 40 stock positions in different technology subsectors to gain exposure to the broader market where opportunities in other industries may exist. Despite having a remarkable investment approach in place, we also utilize many hedging tools at our disposal to minimize volatility and ultimately reducing our drawdowns. We use various derivatives to generate additional alpha for the portfolio by keeping a close watch on market sentiments and macro-driven events and positioning our portfolio accordingly. Investment Thesis, the derivatives overlay portion of the portfolio both hedges and leverages our stock portfolio by evaluating macro fundamentals, technicals and capital flow investment changes, and using futures and options on futures in equity indices, etfs, fixed income products, commodities and currencies, to opportunistically.
The derivatives are positioned to lessen the volatility of our downside risk and complement our long bias mandate. Our proprietary investment process and risk management process will appeal to investors by shielding subscribers from costly setbacks when markets fall and earning respectable returns with a hurdle rate. Fund Platform, cayman emp bsd global Tech, hedge fund. Launch date, october 1st, 2013, total assets usd 5,600,000 structure segregated Portfolio eligible investors foreign Investors rrsp eligibility no benchmark 50 Nasdaq Composite and investment manager emerging Asset Management Ltd, bermuda investment advisor black Swan Dexteritas Inc., toronto custodian / prime broker interactive brokers llc. Launch date may 5th, 2015 total assets usd 1,000,000 structure. Eligible investors north American Investors rrsp eligibility no benchmark 50 Nasdaq Composite and investment manager bsd. Inc., toronto investment advisor black Swan Dexteritas Inc., toronto custodian / prime broker interactive brokers llc, greenwich, ct fund administrator apex Fund Services Ltd., toronto auditors mnp llp legal advisors stikeman Elliott, toronto separately managed Accounts launch date may 1st, 2015 total assets usd 33,500,000.
Fund, reporting, biases and
Strategic guidance, at bsd, we have formed an Investment Advisory committee for the team to seek out global technology themes and trends to overweight and underweight various subsectors. The committee consists of the bsd team and investors that have significant experience in the technology field. Quantitative assessment, we utilize a proprietary system to identify potential investment opportunities in the universe of technology stocks through quantitative means. Many metrics are considered such as the company size, growth stage, margins, and recent price action that may indicate oversold/overbought stocks. The attractiveness of the subsector is determined by doing extensive research on market trends and Total Addressable market. We then make an assessment on whether the sector fits our growth stage criteria for the stocks we hold in our portfolio. Levels of competition in the subsector is also crucial in our assessment for the subsector to determine if long term value exists for all of our investments. Company Analysis, upon finding a suitable investment for our portfolio, presentation we engage in further due diligence including but limited to analyzing company business model, quarterly/annual reports, earnings/conference calls, and proprietary research.
July 2013, bsd initiates the systematic Global Technology hedge fund investment thesis. October 2013, the cayman Emerging Manager Platform (EMP) / bsd global Technology hedge fund launched. May 2014, bsd global Technology hedge fund was chosen to be the sub-adviser of Redwood Asset Managements Pension Class Mutual Fund. June 2014, bSD successfully completed their osc field Compliance review. Bsd global Tech Hedge fund. Investment team, why Invest in a global Technology hedge fund? The technology sector business has traditionally served as an essential constituent in any investment portfolio, and we believe that innovation and invention often associated with this sector will ultimately drive the next leg of growth in the stock market. We seek out technology companies that have proprietary technologies which will provide them with the competitive advantage for sustainable growth, and favor companies that have a stellar track record in pushing the frontiers of technology in their respective subsectors. . At bsd, we believe buying and holding these companies and are trading at reasonable valuations will maximize our returns and minimize our risks over the long term.
news, and inform of the performance results and holdings held within the fund. Black Swan Dexteritas Inc. Is a private, independent investment management firm. We are a registered Investment Fund Manager, portfolio manager, commodity Trading Manager and Exempt Market dealer with the Ontario securities Commission. As of April 2017, we manage usd 47,500,000 under all of our investment platforms. Major Milestones, march 2012, incorporated as a canadian, Ontario based, investment management company. December 2012, ontario securities Commission (OSC) grants bsd their Investment Fund Manager, Portfolio manager and Exempt Market dealer registration. May 2013, osc grants bsd their Commodity Trading Manager license.
For more information about the cookies we use or to find out how you can disable cookies, click here. Black Swan Dexteritas, we are a private, independent investment management firm focused in the technology sector. At Black Swan Dexteritas, we are dedicated to generating strong financial performance for our investors and fostering long-term relationships with our clients to create exceptional investment opportunities while first keeping in mind each clients return and risk objectives. We promote strong independent governance and frequent reporting, and strive to provide superior transparency for all of our investors. Download Offering Memorandum, download Subscription Agreement. Black Swan Dexteritas, black Swan Dexteritas Inc. (BSD) was founded in 2012 by kim Bolton and is a technology focused investment management firm. Bsds objective is to achieve superior performance in the markets by utilizing a bottoms-up approach in finding mispriced stocks within the technology sector and diversifying within various subsectors to minimize risks while maximizing returns. At bsd, we work closely with each client to understand their return and risk objectives, which may span from capital preservation to cash flow generation.
Investment, analyst at Massachusetts prim board