Igor founded Alphidence Capital in 2020 and holds the positions of CEO and CIO. The fund is unusual in that it focuses on systematic macro investing. Previously Igor was the CIO for ADG Capital Management LLP from 2013 to 2019. Prior to that he spent 9 years at IPM Informed Portfolio Management AB where he was a Partner and Head of Portfolio Management and Research. Igor graduated from Leningrad Polytechnic Institute in 1986 where he obtained a Master’s degree in Computer Science. In this podcast we discuss:
Why systematic would work in macro when most macro funds are discretionary
How to model central bank reaction functions
Use of valuation models
How to manage risk
The problem with stop losses
Need for long history to assess low Sharpe ratio strategies
Why theory is important
Why to not use smart beta ETFs
Whether trend-following works
Importance of carry strategies
How to reduce large losses
Whether machine learning can help
Current view on inflation
Books mentioned: Evgeny Onegin (Pushkin), The Dame of Spades (Pushkin), The Belkin Tales (Pushkin), Karamazov Brothers (Dostoevsky), Crime and Punishment (Dostoevsky), Master and Margarita (Bulgakov), The Heart of a Dog (Bulgakov), The White Guard (Bulgakov). Sofia Petrovna (Chukovskaya), The Glass Bead Game (Hesse), Journey to the East (Hesse). The works of M.Zhvanetsky. The works of V.Vysotsky.
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.