Tuesday, November 30, 2010

Humble Student is three!

My first post was three years ago on November 30, 2007. Not much has changed in the hedge fund world, hedge fund returns remain correlated to the stock market - an indication that it's all one giant risk trade.

What has changed in the last three years is that I have moved out of semi-retirement to become the portfolio manager of a mutual fund, namely the Qwest Inflation-Deflation Trend Allocation Class. Here is the press release:
Capitalizing on Economic Volatility
Mr. Maurice Levesque, Managing Director, President of Qwest Investment Management ("Qwest") said, "Investors around the world have been challenged by the volatility stemming from significant outbreaks of asset inflation and deflation. Prominent economists and investors remain completely divided in their opinions on the macro-economic outlook. Individual investors will be faced with volatile swings in the markets in the years ahead and will need to know when these major trends change and what assets will respond positively to the change in trend." In response to this investment environment, Mr. Hui developed and launched, in 2009, the Qwest Inflation-Deflation Timer Model (the "Timer Model"), a proprietary quantitative investment model used to identify inflation and deflation trend changes. Mr. Hui explained, "I will use the trend signals from the Timer Model to allocate the Fund's assets into specific asset classes that traditionally respond positively during an inflation trend, a deflation trend or a neutral trend."
The fund is available to Canadian residents only. If you would like a prospectus please contact Cindy Bower at cbower at qwestfunds dot com (note the spam protected email address).


WimpyInvestor said...

Congrats! Are you still going to share the Inflation-Deflation Model Indicator on this blog? It would be very valuable for those readers who do not have access to your Canada fund. Thanks for all the great work here!

khalid said...

happy blogging birthday Cam!
I'm a big fan of your blog and may you continue blogging for many years to come.

Cam Hui, CFA said...

I will continue to share the Inflation-Deflation Timer Model readings on this blog (to the extent that our compliance department lets me). I did have some difficulty writing about it in the last couple of months because we were in the "quiet" period while the prospectus was being filed.

Right now, the reading is "inflation" and the model moved from "neutral" to "inflation" about 3-4 weeks ago.

keithpiccirillo said...

Congratulations Mr. Hui!

Have not commented in a while, but read all your posts.

Bobster said...

Thanks for the great blog and all the insight!