Schroeder: Putting theory to the test

摘要

Shamil Chandaria puts his money where his mouth is. The former global head of structured finance at Deutsche Bank has been telling audiences across Europe to adjust their portfolios for reduced volatility over the coming two years, and by signing on as chairman of London-managed (and Cayman-based) Amplitude Dynamic Trading Fund, he certainly took his own advice. The fund is managed by former McKinsey & Company strategy consultant Karsten Schroeder and employs a team of six researchers, mainly recruited from Germany's quantitative world. The strategy isn't designed to capture large moves, but rather to skim off the overage after a market overshoots and then reverts.