In 1991 Martin Estlander, a successful options market maker, launched Estlander & Partners, one of the oldest Nordic CTAs. With a team of 35, Estlander manages today $850m in three strategies: Price-driven short-medium term strategies, systematic macro and intraday short term trading.
In this Opalesque.TV BACKSTAGE video, Martin explains how his time as options market maker shapes his risk management, which does not rely on any correlation assumptions, rather on the question: "What happens if everything runs against us?" While many CTAs in general struggled to adapt to changing correlation patterns, some in fact were able to benefit from those regime changes. Estlander also talks about the differences between Nordic CTAs and say U.S. or London based firms, finding alpha in the natural resources sector, and shares a positive outlook for the fall of 2013.
Martin Estlander is the founder and CEO of Estlander & Partners. He is also the developer of Estlander & Partners Global Markets, the company’s first managed futures program launched in 1991. Martin has an active role in the company’s research and product development. Estlander & Partners manages three different managed futures programs with long and solid track records.
Martin has over 25 years of experience in investment management. Starting his career in stock picking for Iconova Oy, he cofounded market maker Sophos Ab in 1987, where he was involved in trading derivative instruments. Next year he co-founded Servisen Arctos & Partners Oy in Helsinki, with Servisen Arctos & Partners GmbH (SAP) established in Frankfurt as a Eurex market maker in 1990. The option market making business was further extended through operations on the Swiss and Norwegian exchanges. As a result of a management buyout in 1992, the companies were rebranded as Estlander & Rönnlund. In 2009 the name of the company was changed to Estlander & Partners Ltd.
Martin is member of some selected boards, such as Wello Oy, a Finnish company focusing on creating an ecological solution to harness wave energy from the ocean. He holds a MSc in Industrial Management and Computer Sciences from the Helsinki University of technology.
Estlander & Partners Ltd is regulated by the Finnish Financial Supervisory Authority (FFSA) and registered as CTA and CPO with the National Futures Association (NFA) in the USA. The firm has offices in Helsinki, Vaasa, Munich, Zürich and Stamford.
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In 1991 Martin Estlander, a successful options market maker, launched Estlander & Partners, one of the oldest Nordic CTAs. With a team of 35, Estlander manages today $850m in three strategies: Price-driven short-medium term strategies, systematic macro and intraday short term trading.
In this Opalesque.TV BACKSTAGE video, Martin explains how his time as options market maker shapes his risk management, which does not rely on any correlation assumptions, rather on the question: "What happens if everything runs against us?" While many
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