Why machines and AI in investing may be a self-defeating proposition.Can wisdom and experience give traders an edge in trading over the machines and AI? 44:40.Sticking to a process and also knowing when not to trade.30 years of studying markets' psychology gives an edge.How to win in global macro against AI and the machines.Why an all-season profitable trader needs to be a thinker, strategist, tactician and operator. Adapting and securing success in a changing world (29:28):.Having trained over 100 traders, Soon Hock says his “dual personality” of risk taker and risk averse at the same time is extremely rare.The Psychology of a Master Trader (25:52):.Why Soon Hock's risk-adjusted returns got better, the bigger his fund grew.Attractive risk/reward profile with 70% - 75% winning trades in stock indices, interest rates and FX.How Soon Hock is able to deliver consistent uncorrelated returns with low downside volatility across “all-weather” conditions.Investment Style and Risk Management combine micro and macro trading (19:43):.Why we'd likely experience six years of bull and four years of bear market in this decade.Understanding the drivers that create range bound markets.In his 39 years of trading, Soon Hock historically made money in bull and bear markets, with the strongest results achieved in range bound markets.Soon Hock’s macro outlook for the 2020-2030 decade (13:12):.Personal Background (01:39 (min:sec)) & what's behind Soon Hock's decision to relaunch the fund in 2020 (09:31).This interview is a fascinating, in-depth portrait of a leading global macro thinker and star trader. Asia Genesis currently has a team of 16 with 5 on investment and 11 on investor relations and operations. In 2022, the strategy returned over 15% net while the S&P 500 lost more than 7%. The firm’s investment strategy is “all-weather” and trades the most liquid exchange-listed futures and options, with no negative years since 2002. It was ranked the best risk-adjusted macro fund globally over 3, 5 and 7 year periods before Soon Hock took a break in 2009 and was managing his own money prior to relaunching Asia Genesis in 2019. and 26% annualised over its last six years with low downside volatility. From March 2000 to September 2009, its Japan Macro Fund returned net 18.7% p.a. He held senior roles in interest rate trading at Bankers Trust and was Chief Strategist and Head of Interest Rates and Arbitrage Trading at Sanwa Bank before setting up Asia Genesis Asset Management.Īsia Genesis Asset Management was one of Singapore's largest global macro managers with USD 800m AUM. Poached by Salomon Brothers, Soon Hock moved to Tokyo where he was Vice President for Fixed Income and learned from the Black Monday on 19th Oct 1987. He started his career trading global markets at the Monetary Authority of Singapore and later at the Government of Singapore Investment Corporation. With a stellar trading record and 39 years of experience, Singapore-based Chua Soon Hock is one of Asia's eminent macro traders.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |