8:15 Registration and refreshments

9:00 Risk.net welcome address: Rob Mannix, Asset Management and Insurance Editor, Risk.net

9:05 Chairman opening remarks: Stuart MacDonald, Managing Partner, Bride Valley Partners

09:10 Keynote speech: Big data and machine learning in finance: More than just alpha

  • A robot's eye view of best execution
  • How to find the right machine learning tool for the job?

Matthew Sargaison, Co-CEO, Man AHL

09:45 Panel: Assuming all other market conditions and participants remain as they are, how would the first hedge fund look if it was invented today?

  • Would the first fund be a ‘quant only' shop?
  • Who would work there? Stock-pickers? Scientists? Risk Officers?
  • Would ‘risk' be primarily used as a predictive tool to develop portfolios?
  • How would the fees be structured? Would a fund offer 2 and 20 as it's opening offer?
  • What would investors require from their first allocation?
  • How would the second hedge fund look? Would a diverse industry grow up quickly?

Moderator: Stuart MacDonald, Managing Partner, Bride Valley Partners
Ian McDonald, Deputy Head of Aberdeen Solutions, Aberdeen Asset Management
Stephen Oxley, Vice-Chairman, Paamco
Michael Rosenthal, Head of Hedge Fund Investments, Signia Wealth
Salvatore Cordaro, Founding Partner and Chief Investment Officer, Tages Capital
Chris Jones, Chief Executive, Graham Capital

10:45 Morning refreshment break

 
 

Stream one
Quant Investment

Stream two
Risk management

  Chairman: Rob Mannix, Asset Management and Insurance Editor, RISK.NET Chairman: Stuart MacDonald, Managing Partner, BRIDE VALLEY PARTNERS

11:15

Presentation: The transition to quant


  • Augmenting quant strategies into discretionary trading
  • Human and machine - combining the best of both
  • Market developments driving quant research

Santhanam Nagarajan, Portfolio Oversight Manager, Tudor Investment Corporation

Panel: Regulation - ready for a new regime?

  • What does ‘success' looks like to the regulator? And to the Hedge Fund? ‘Are the two compatible?'
  • Mifid II and AIFMD: Are Hedge Fund CROs ready for the changes in Europe?
  • What are the implications of research ‘unbundling'?

Moderator: Patrick Trew, Chief Risk Officer, CQS
Jiri Krol
, Deputy CEO, Global Head of Government Affairs, AIMA
Remi Kamiya, Head of Funds Risk, Schroders

 11:55

 

Presentation:Machine learning technology at Man AHL

  • The role of technology in alpha generation
  • Technology for machine learning alpha research

Slavi Marinov, Head of Machine Learning Technology, Man AHL

 

 

Presentation: Political risk in turbulent times

  • Rash spikes and flash crashes: how political events can directly impact a portfolio
  • How can portfolios becomes become ‘jolt proof' in an era of political turbulence?
  • Statements by the Fed, Donald Trump's twitter feed, opinion polls: what to ignore and what to consider when creating risk premia

Bob Savage, Chief Executive Officer, CC Track Solutions

12:30 Lunch and opportunity to network

13:30 Presentation: Virtual Markets and Risk Management - embracing computer simulation


  • Modelling extreme weather and extreme markets
  • Agent-based models for risk forecasting
  • Redemptions, liquidity and deleveraging death-spirals

Robert Hillman, Chief Investment Officer, Neuron Advisers

   

14:10 CRO Panel: The changing role of risk analysis within hedge funds

  • Which market participants are driving current risk-measures in hedge funds?
  • Is the CRO role moving to the front office? What does that mean for the industry?
  • The concept of ‘risk analysis' as an investment criteria, and not a defence mechanism is often discussed - but is such a cultural shift necessary or even desirable in a conventional alpha-driven environment?
  • Can the behavioural habits of traders be analysed to create better decision-making in hedge funds?

Moderator: Rob Mannix, Asset Management and Insurance Editor, Risk.net
David Allen, Head of Risk Analysis, Amundi
Nick Harper, Portfolio Manager, Janus Henderson Investors
Darren Rodohan
, Chief Risk Officer, Arrowgrass Capital Partners
Pascal Traccucci, Global Head of Risk, La Francaise Group

15:00  Panel: Big data, big risk - how new technology creates new risk conditions

  • Making the best of big data: Big data carries enhanced risks; how can it be used in a way that generates the best advantage
  • Data modelling at hedge funds: incorporating new methods of data analysis into investment strategies
  • How do hedge funds protect their most valued assets?
  • Cyber-security at hedge funds. Intrusion v Breach - your fate will be determined by your speed of detection and response

Moderator: Ewan Kirk, Co-founder and Chief Investment Officer, Cantab Capital Partners
Mitchee Chung
, European Director, Mercer Sentinel
Matthew Roberts
, Portfolio Manager, Investment EMEA, Willis Towers Watson
Anna Hull
, Director of Risk, Aspect Capital

15: 50 Afternoon coffee break

16:10 OXFORD DEBATE 2017: This house believes that qualitative and human elements in investment are redundant

  • Introduction and audience vote: For v Against
  • Opening remarks from each participant
  • Referee's round-robin debate
  • Summing up and rebuttal from each participant
  • Final vote: For v Against

REFEREE: Stuart MacDonald, Managing Partner, BRIDE VALLEY PARTNERS

For the motion:
Doug Greenig, Chief Executive Officer, Florin Court Capital
Bob Savage, Chief Executive Officer, CC Track Solutions
Robert Hillman, Chief Investment Officer, Neuron Advisers

Against the motion:
Nick Harper, Portfolio Manager, Janus Henderson Investors
Ewan Kirk
, Co-founder and Chief Investment Officer, Cantab Capital Partners
Santhanam Nagarajan, Portfolio Oversight Manager, Tudor Investment Corporation

16:40 Chairman closing remarks: Stuart MacDonald, Managing Partner, BRIDE VALLEY PARTNERS

16:45 Drinks reception