In this Opalesque Institutional Investor Series interview, moderator Michael Oliver Weinberg interviews Ram Ahluwalia, CFA, Portfolio Manager at family office Winged Foot Capital. Ram Ahluwalia prefers
alternative investments with a preference for managers with a relative value approach and niche advantages operating in capacity constrained markets where there is limited competition and less traffic. Markets discussed include private credit / specialty finance, distressed mortgages, and relative value biotech. Mr. Ahluwalia shares potential short-term tactical opportunities, such as dislocations in the municipal bond market and TARP preferred stock in community banks. Mr. Ahluwalia also discusses formiing long-term capital market expectations using historically predictive metrics.
In addition, learn about:
- Perspectives on alternative investing with Winged Foot Capital Portfolio Manager Ram Ahluwalia
- Formulating long-term capital market expectations with key metrics like the Case-Shiller PE Ratio
- Why it's difficult to find alpha-generating edge in the equity long-short arena
- Opportunities in Real Assets, non-performing loans, and single family homes
- Tactical opportunities in the municipal bond market
- An event-driven opportunity in buying preferred TARP stock
- Regarding manager selection, transparency and governance are top priorities
- Accessing liquidity premiums through gated funds
Ram Ahluwalia, CFA is the CIO of Winged Foot Capital, a registered investment advisor responsible for managing an alternatives portfolio. Ram is well known for his expertise in credit and statistical arbitrage having worked as a senior executive and management consultant in the financial services industry. Winged Foot Capital focuses on achieving consistent risk-adjusted returns by investing in alternatives including hedge funds, real estate, and venture capital.
The 2013-2014 Opalesque Institutional Investor Series profiles leading institutional investors to analyze their best strategic and tactical allocation ideas, portfolio construction trends, and investor expectations from alternative managers. Michael Oliver Weinberg, the Moderator and Co-creator of the series, is an Adjunct Associate Professor of Finance and Economics at Columbia University, and CIO of a family office, MOW & AYW LLC. The goal of the series is to contrast asset allocation and best ideas of thought leading pensions, Endowments & Foundations, Family Office and Fund of Funds CIOs, and to inform both the buy-side and sell-side and facilitate improvement in the allocation process.
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In this Opalesque Institutional Investor Series interview, moderator Michael Oliver Weinberg interviews Ram Ahluwalia, CFA, Portfolio Manager at family office Winged Foot Capital. Ram Ahluwalia prefers
alternative investments with a preference for managers with a relative value approach and niche advantages operating in capacity constrained markets where there is limited competition and less traffic. Markets discussed include private credit / specialty finance, distressed mortgages, and relative value biotech. Mr. Ahluwalia shares potentia
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