Jonathan Binder has been running an emerging market hedge fund since 1997. Together with Charles Cassel he launched Consilium Investment Management in May 2004. The firm is 100 % employee owned and is registered with the SEC, running Emerging Market Multi Strategy, Global Credit and Frontier Equities portfolios.
In this Opalesque FIVE Minutes TV interview, Jonathan explains the opportunities available to global investors and how particularly credit investing has changed. Going forward, credit differentiation will better compensate investors. Binder also believes that in the future investors will not necessarily think of the traditional classifications of "G10" (or G7) versus "emerging markets". Instead, people should look at the world as countries that are fiscally responsible and countries that are not. Whether that country is in Europe or in South America should make no difference.
Consilium is possibly not the typical emerging market global macro fund: "effecting hedging" that aims at delivering superior risk-adjusted returns is a key to their strategy, says Binder.
Mr. Binder and Mr. Cassel have been managing portfolios together since 1997. Prior to launching Consilium, they were responsible for managing $2.2 billion in AUM for Standard Asset Management, the international asset management arm of Standard Bank S.A. The Managing Directors along with the other members of the investment team possess over 100 years of experience managing both debt and equity strategies in the Emerging, Frontier, and Developed Markets through major market cycles.
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Jonathan Binder has been running an emerging market hedge fund since 1997. Together with Charles Cassel he launched Consilium Investment Management in May 2004. The firm is 100 % employee owned and is registered with the SEC, running Emerging Market Multi Strategy, Global Credit and Frontier Equities portfolios.
In this Opalesque FIVE Minutes TV interview, Jonathan explains the opportunities available to global investors and how particularly credit investing has changed. Going forward, credit differentiation will better compensate in
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