Monday, September 14
The Greatest Investing A/B Test of All Time
An A/B test is a simple thing: You produce two versions of something, send it to a broad audience, and see which performs better. Facebook was built this way, through tens of thousands of small design tweaks; so were many other technology platforms you use every day. Even Institutional Investor’s newsletter subject lines are constantly A/B tested to see which performs.
For investing, 2020 provides one of the greatest A/B tests of all time.
Many different portfolios entered 2020. They were all subjected to a historical market crash and recovery, to a global economic recession, and to unprecedented government intervention.
Which portfolio – in essence, which version of Facebook’s design – endured the test best? Which strategies, tactics, tilts, allocations, and hedges performed as they should have? Which governance structures, team dynamics, and talent weathered the crisis most robustly?
At the E&F Annual Roundtable, compare notes with your peers and partners – so that you’re ready for whatever else 2020 throws at you.
Thursday, September 17
2020: The Grand Alternatives Laboratory Experiment
Most alternatives managers marketed their strategies as providing diversification and protection on the downside. They were supposed to do well in turmoil – much like the chaos and crashes felt in 2020.
Did they live up to their promises?
The pandemic, and the resulting market crash and recovery, gave asset allocators a unique opportunity to test and evaluate their portfolio strategies – and asset management partners – just like one would in a controlled lab experiment.
From hedge funds to private credit to real assets, what performed as they were supposed to? Which strategies deviated from their objectives?
At the E&F Annual Roundtable, analyze the claims, benefits, and drawbacks of alternative strategies gained from the pandemic’s aftermath.