Name Lars Jaeger | Role Author | |
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Books Alternative Beta Strategie, Managing risk in alternativ, Through the Alpha Smoke S | ||
Dr lars jaeger on hedge fund replication and alternative beta opalesque tv part 1
Lars Jaeger (born 1969 in Heidelberg, Germany) is a Swiss-German entrepreneur, financial theorist, alternative investment manager, and author on hedge funds, quantitative investing, and risk management, as well as the history and philosophy of science. He has been an influential voice in the hedge fund industry for many years fostering developments towards more transparency, liquidity, and cost efficiency. He is the founder and CEO of Alternative Beta Partners AG and currently serves GAM as Head of Alternative Risk Premia. In his blog as well as other media he frequently writes on issues concerning science and new technologies. In 2014, Jaeger published a universal history of science (in German), and in September 2016 another book on the interplay of science and spirituality (again in German).
Contents
- Dr lars jaeger on hedge fund replication and alternative beta opalesque tv part 1
- Lars Jaeger
- Background
- Commentaries on hedge funds
- Writing about the history and philosophy of science
- Published Books
- Selected other publications
- References
Lars Jaeger
Background
Prior to founding Alternative Beta Partners in early 2010 Jaeger had served Partners Group as a partner for eight years. He is a co-founder of saisGroup, a hedge funds asset management firm, which merged into Partners Group in 2001. Jaeger started his finance career in 1997 at the quantitative research firm Olsen & Associates in Zurich. Before he studied physics and philosophy at the University of Bonn in Germany and École Polytechnique in Paris and holds a doctorate degree in theoretical physics from the Max Planck Institute for the Physics of Complex Systems in Dresden, where he also performed post-doctoral studies in the field of non-linear dynamics.
Commentaries on hedge funds
Jaeger frequently comments in print, online, and on television on financial issues, particularly around hedge funds, their return sources and risk management for alternative investment strategies.
He has been an early public advocate for independent risk management, transparency, and cost reduction for hedge funds having designed and run one of the first managed account platforms for these historically rather opaque investment structures in 2000. In 2003, based on his investment experience as well as his academic research on hedge funds return sources, he (jointly with Bill Fung and David Hsieh) coined the term alternative beta identifying this as the most important component of hedge fund returns (increasingly referred to "alternative risk premia" today). The research by Jaeger initiated an industry wide discussion on the return attributes (and cost features) of hedge funds which starting in 2007 led to the appearance of hedge funds replication products.
Jaeger is author of several research articles in leading academic journals. He received the Martello award "best paper of the year" by the Journal of Alternative Investment in 2005 for his influential and much cited paper "Factor Modeling and Benchmarking of Hedge Funds: Can passive investments in hedge funds strategies deliver?".
Writing about the history and philosophy of science
In September 2014 Jaeger published "Die Naturwissenschaften – Eine Biographie" with Springer Spektrum, a book which aims at outlining the history of science from its origins to today for a broad range of readers from little scientific background to scientific expertise in a clear and comprehensible way. His latest book "Wissenschaft und Spiritualität" was published in September 2016. Here Jaeger discusses the interplay of science and spirituality.
On his web page Jaeger publishes a bi-weekly blog on matters of science, technology, philosophy, and spirituality. He also blogs regularly on the German platform scilogs.de.