Event Profile

CAIA Cayman Islands Educational Event featuring Alexander Ineichen on Nowcasting

Date(s):
February 14, 2017
Note:
All times listed are in local time
Venue:
Grand Cayman Marriott Beach Resort
389 West Bay Road
George Town  
Fee(s):
Free Event
Description:
CAIA Cayman Islands Educational Event 
 
The CAIA Cayman Islands Chapter is pleased to invite you to an exclusive educational opportunity featuring CAIA Board Member, Alexander Ineichen on February 14, 2017.
 
Benjamin Graham once said: “The essence of investment management is the management of risks, not the management of returns.” This presentation’s main objective is to share some ideas and tools that make the risk management process more pragmatic and the investment decision-making process more robust.
 
Alexander Ineichen, founder of IR&M, has spent the last couple of years focusing his research on how investors can use ‘nowcasting’ (as opposed to forecasting) in relation to risk management. The risk management research was designed to improve investment decision-making using fact-based criteria, rather than opinions and forecasts. The basic premise is the idea that long-term success is dependent on survival and avoidance of large losses, i.e., the management of risk, not returns.

Nowcasting is the economic discipline of determining a trend or a trend reversal objectively in real time. Nowcasting is fact-based, focuses on the known and knowable, and therefore avoids forecasting. In his presentation Alexander will claim that nowcasting is the basis of a robust decision-making process. The presentation will further elaborate on how various forms of momentum can help with risk management. Alexander will show three types of momentum (macro, earnings, and price momentum) and demonstrate how these measures can provide signals that can initiate a thought process; thus help provide preserving wealth or heighten an investor’s conviction in a given trend.

Find it on Map

Grand Cayman Marriott Beach Resort
Documents to share:
Alexander Ineichen
Organization: Ineichen Research and Management


Alexander Ineichen, founder of IR&M, has spent the last couple of years focussing his research on how investors can use ‘nowcasting’ (as opposed to forecasting) in relation to risk management. The risk management research was designed to improve investment decision-making using fact-based criteria, rather than opinions and forecasts. The basic premise is the idea that long-term success is dependent on survival and avoidance of large losses, i.e., the management of risk, not returns. Nowcasting is the economic discipline of determining a trend or a trend reversal objectively in real time. Nowcasting is fact-based, focuses on the known and knowable, and therefore avoids forecasting. In his presentation Alexander will claim that nowcasting is the basis of a robust decision-making process. The presentation will further elaborate on how various forms of momentum can help with risk management. Alexander will show three types of momentum (macro, earnings, and price momentum) and demonstrate how these measures can provide signals that can initiate a thought process; thus help provide preserving wealth or heighten an investor’s conviction in a given trend.