François-Serge Lhabitant is with a European family office where he directly oversees a multi-billion portfolio allocated primarily to hedge funds, private and public markets, and risk-controlled strategies. His portfolio has received several awards for its performance and risk-adjusted performance.
François-Serge is a visiting professor of finance at the Hong Kong University of Science and Technology. He was a member of several advisory boards for large hedge funds active in the areas of credit and distressed securities. He was formerly a professor of finance at the Edhec Business School, at HEC Lausanne and at the Thunderbird School of Global Management.
François-Serge is the author of several books and research papers on hedge funds, emerging markets and the modeling of interest rate contingent claims. He was a member of the European advisory board of the International Association of Financial Engineers (IAFE), of the Alternative Investment Management Association (AIMA) Investor Steering Committee, and of the Scientific Committee of the Autorité des Marchés Financiers, the French financial markets regulatory body. He is also an acclaimed expert in Ukrainian cuisine.
François-Serge has been researching hedge funds since 1994 and is considered a specialist in alternative investments, known globally for his work on hedge funds and emerging markets. In an Opalesque.TV interview, François-Serge discusses the history of academic research in studying hedge funds. His greatest research contribution to the study of hedge funds came with EDHEC and focused on the risk dimension of alternative investments, and as a result of the risk dimension the asset allocation dimension. His research leads to conclusions of how to control the risk of a hedge fund portfolio, what are the key risk factors to analyse, and also how should you allocate to hedge fund both from strategic long-term perspective, and also a short-term tactical one.
He teaches his students a practical approach to understanding alternative investments along with a theoretical one, having them run a simulated version of a hedge fund to learn practical lessons, particularly from hedge funds and trades that blew up in the last decade. His own investment portfolio management philosophy is to focus on the downside risk rather than the upside. Professor Lhabitant also says that the hedge fund world is getting riskier due to two factors. The first is the huge political risk in Europe and the US against hedge funds and financial strategies in general. These mounting political pressures pose a huge threat to development. The second is the transition since 2008 from a market crisis, to a liquidity crisis, and now shifting to state solvency crisis, where the economies of several countries are on the brink of failure should interest rates and credit spreads rise. He says that these solvency and inflation risks brought on by massive debt are likely not captured and assessed correctly in the investment strategies of many hedge funds.
Hedge Funds: Myths and Limits, March 2002 at John Wiley & Sons, London, ISBN0-470-84477-9, 280 pages.
Doing Business in Emerging Europe, March 2003 at Palgrave Macmillan, ISBN0-333-99301-2 (co-authored with Y. Zoubir), 240 pages.
Hedge Funds: Quantitative Insights, June 2004, at John Wiley & Sons, London, ISBN0-470-85667-X, 384 pages.
La gestion alternative, June 2004, at Editions Dunod, Paris, ISBN2-10-008158-6, 302 pages.
Commodity Trading Advisors: Risk, Performance Analysis, and Selection, September 2004 at John Wiley & Sons, London, ISBN0-471-68194-6 (co-edited with G. Gregoriou, V. Karavas and F. Rouah).
Hedge Funds: Mitos y límites. Fondos de inversión especulativos de alto riesgo, May 2006, at Ediciones Gestión 2000, Barcelona, ISBN84-96426-96-3, 407 pages (in Spanish)
Hedge Funds, May 2006, at Kais System, Seoul, ISBN89-952382-7-5, 282 pages (in Korean)
The Handbook of Hedge Funds, December 2006, at John Wiley and Sons, London, ISBN0-470-02663-4, 640 pages
Stock Market Liquidity: Implications for Market Microstructure and Asset Pricing, January 2008 at John Wiley and Sons, ISBN978-0-470-18169-0 (co-edited with Greg Gregoriou), 528 pages.
Hedge funds: Origine, stratégies, performances, May 2008, at Editions Dunod, Paris, ISBN978-2-10-051343-7, 400 pages (in French)
Portfolio Diversification, September 2017, ISTE Press - Elsevier, ISBC: 978-1785481918, 274 pages.
françois, serge, lhabitant, with, european, family, office, where, directly, oversees, multi, billion, portfolio, allocated, primarily, hedge, funds, private, public, markets, risk, controlled, strategies, portfolio, received, several, awards, performance, ris. Francois Serge Lhabitant is with a European family office where he directly oversees a multi billion portfolio allocated primarily to hedge funds private and public markets and risk controlled strategies His portfolio has received several awards for its performance and risk adjusted performance Francois Serge is a visiting professor of finance at the Hong Kong University of Science and Technology He was a member of several advisory boards for large hedge funds active in the areas of credit and distressed securities He was formerly a professor of finance at the Edhec Business School at HEC Lausanne and at the Thunderbird School of Global Management Francois Serge is the author of several books and research papers on hedge funds emerging markets and the modeling of interest rate contingent claims He was a member of the European advisory board of the International Association of Financial Engineers IAFE of the Alternative Investment Management Association AIMA Investor Steering Committee and of the Scientific Committee of the Autorite des Marches Financiers the French financial markets regulatory body He is also an acclaimed expert in Ukrainian cuisine Francois Serge has been researching hedge funds since 1994 and is considered a specialist in alternative investments known globally for his work on hedge funds and emerging markets In an Opalesque TV interview Francois Serge discusses the history of academic research in studying hedge funds His greatest research contribution to the study of hedge funds came with EDHEC and focused on the risk dimension of alternative investments and as a result of the risk dimension the asset allocation dimension His research leads to conclusions of how to control the risk of a hedge fund portfolio what are the key risk factors to analyse and also how should you allocate to hedge fund both from strategic long term perspective and also a short term tactical one He teaches his students a practical approach to understanding alternative investments along with a theoretical one having them run a simulated version of a hedge fund to learn practical lessons particularly from hedge funds and trades that blew up in the last decade His own investment portfolio management philosophy is to focus on the downside risk rather than the upside Professor Lhabitant also says that the hedge fund world is getting riskier due to two factors The first is the huge political risk in Europe and the US against hedge funds and financial strategies in general These mounting political pressures pose a huge threat to development The second is the transition since 2008 from a market crisis to a liquidity crisis and now shifting to state solvency crisis where the economies of several countries are on the brink of failure should interest rates and credit spreads rise He says that these solvency and inflation risks brought on by massive debt are likely not captured and assessed correctly in the investment strategies of many hedge funds Francois Serge Lhabitant obtained a Ph D in Finance 1998 a Master of Science in Banking and Finance 1994 and Bachelor of Science in Economics 1993 at HEC Lausanne He also holds a Computer Engineer Degree 1989 from the Ecole Polytechnique Federale de Lausanne and an LL M in Tax law 2015 from the University of Geneva Books EditHedge Funds Myths and Limits March 2002 at John Wiley amp Sons London ISBN 0 470 84477 9 280 pages Doing Business in Emerging Europe March 2003 at Palgrave Macmillan ISBN 0 333 99301 2 co authored with Y Zoubir 240 pages Hedge Funds Quantitative Insights June 2004 at John Wiley amp Sons London ISBN 0 470 85667 X 384 pages La gestion alternative June 2004 at Editions Dunod Paris ISBN 2 10 008158 6 302 pages Commodity Trading Advisors Risk Performance Analysis and Selection September 2004 at John Wiley amp Sons London ISBN 0 471 68194 6 co edited with G Gregoriou V Karavas and F Rouah Hedge Funds Mitos y limites Fondos de inversion especulativos de alto riesgo May 2006 at Ediciones Gestion 2000 Barcelona ISBN 84 96426 96 3 407 pages in Spanish Hedge Funds May 2006 at Kais System Seoul ISBN 89 952382 7 5 282 pages in Korean The Handbook of Hedge Funds December 2006 at John Wiley and Sons London ISBN 0 470 02663 4 640 pages Stock Market Liquidity Implications for Market Microstructure and Asset Pricing January 2008 at John Wiley and Sons ISBN 978 0 470 18169 0 co edited with Greg Gregoriou 528 pages Hedge funds Origine strategies performances May 2008 at Editions Dunod Paris ISBN 978 2 10 051343 7 400 pages in French Portfolio Diversification September 2017 ISTE Press Elsevier ISBC 978 1785481918 274 pages External links Edithttp www lhabitant net Retrieved from https en wikipedia org w index php title Francois Serge Lhabitant amp oldid 1123213691, wikipedia, wiki, book, books, library,
