(NY) - Luis Seco - Are Negative Hedge Fund Fees on the Horizon?

Hedge funds: are negative fee’s in the horizon? An option pricing perspective

Luis Seco

Seminar Program

5:45pm Registration
6:00pm Seminar
7:30pm Reception

Abstract

The growth of the hedge fund sector is creating a difficult environment for start-ups, which is creating a climate that favors innovative fee structures. In this talk we will review some of them, and will propose a cost/benefit analysis using Black-Scholes option pricing which will show that in some situations, the manager will pay the investor.

Biography

Luis Seco is a Professor of Mathematics at the University of Toronto, where he also directs the Mathematical Finance Program and the RiskLab, a research laboratory that specializes in risk management research. He is the President and CEO of Sigma Analysis & Management, an asset management firm that provides hedge fund investment products that employ managed account structures to obtain unique transparency, analytics and liquidity services. He holds a PhD in Mathematics from Princeton and was a Bateman Instructor at the California Institute of Technology.

Disclaimer

This a joint IAQF/Thalesians seminar, and not an instructional program of New York University.