Evoke ARIS
fund on 1 show · 13 statements across 1 episodes
13 statements about Evoke ARIS, every show
Bisserier: Evoke-ARIS prefers investment managers who do not market at all
“I'd say we are more attracted to the managers that don't market at all, that just do what they do at the highest possible level, and that we get referred to by, as I said, clients or friends or other investors that we respect.”
Shahidi: Research-to-marketing headcount ratio reveals an investment manager's true focus
“A simple measure is how many research people do you have? And how many marketing people do you have? It tells you what business you're in. If you got a hundred marketing people and four on research versus four and a hundred the other way, it tells you what bus…”
Bisserier: Most investment success is driven by luck rather than skill
“I think skill or success in investing isn't something you can measure over short timeframes. People love to attribute success to skill. Most of your success, sorry to break it to the listeners, is probably a function of luck. And some skill, but there's a lot …”
Shahidi: Asset managers must stay in the sweet spot between too big and too small
“If you're too big, you can't access the best managers. If you're too small, You're not on their radar.”
Bisserier: Evoke-ARIS leverages client relationships to access exclusive venture funds
“Access too is very helpful if we have some clients who are in the venture space and those funds would be otherwise inaccessible to us, but we can leverage that relationship to gain access.”
Shahidi: Evoke-ARIS rejects managers who claim to see no downside
“And when we sit in front of a manager who says, we don't really see a downside, we start running the other way because that is not a recipe for long-term success.”
Bisserier: Capital outflows make now a good time to enter reinsurance
“And now all the capital's leaving, it's probably a good time to come back into the space.”
Bisserier: Evoke-ARIS buys healthcare royalties and explores affordable housing bonds
“For instance, right now I'm looking at affordable housing bonds, which is a very unfollowed space, but actually has the potential to generate very attractive tax exempt yields, or earlier this year we did healthcare royalties.”
Bisserier: Evoke-ARIS requires hedge fund managers to be their own largest investors
“So we specifically look for managers that are their own largest investors, that close their strategies, that are not distracted by other businesses, that are terrified of losing money”
Shahidi: Only a small fraction of clients allocate 100% to risk parity
“It's a very small percentage. That's all risk parity. Those tend to be the most sophisticated clients. And those are really the only ones we would feel comfortable going that far because they're just asking for it and they want it and they understand it. So we…”
Shahidi: Evoke-ARIS manages $19 billion, with $13 billion across 70 clients
“So as a firm, we manage about nineteen billion in assets. Damien and I handle about 70 clients or so. That makes up about thirteen billion of those assets.”
Bisserier: Balanced index achieves 1% rebalancing premium over underlying components
“What we found is that the average portfolio return is about a percent higher than the average returns of the components. And that comes from a rebalancing benefit that you're consistently buying assets that have fallen in the process of rebalancing and selling…”