Private Wealth Management Summit September 2019
Clark Cheng, CFA, FRM
Chief Investment Officer | Merrimac Corp.
Speaker Presentation
Achieving Optimal Portfolio Construction through Effective Risk Management and Diversification
Robust portfolio construction can seem a daunting task, even for experienced wealth managers. Market volatility, political uncertainty and competing client priorities, all influence allocation decisions. How do wealth mangers reconcile these factors while managing risk to maximize returns. In this session, we will discuss:
• What risks are in the portfolio?
• How to measure and manage risk through market cycles?
• How to achieve a truly diversified portfolio?
• Does it pay to hedge a portfolio?
Speaker Bio
Clark Cheng, CFA, FRM, CAIA joined Merrimac in 2014 and is the Chief Investment Officer. Merrimac is a large single family office with investments in hedge funds, private equity, venture capital and real estate. Prior to Merrimac, he was responsible for leading the alternative investment research team in the Americas for HSBC’s Alternative Investment Group which had USD 60 billion in assets both discretionary and advisory mandates at its peak. Before joining HSBC, he performed hedge fund research at Guggenheim Partners and Morgan Stanley between 2002 and 2005. Prior to joining Morgan Stanley, he worked at Credit Suisse First Boston’s equity research department in 2001. Prior to that, he spent six years building and establishing West Coast Economics. Mr Cheng holds the Chartered Financial Analyst, Financial Risk Manager and Chartered Alternative Investment Analyst designations. He holds a Masters Degree in Business Administration from Duke University and a Bachelors of Arts Degree in Business/Economics and Psychology from UCLA. He has also completed his coursework towards his Master’s degree in Psychology from California State University, Los Angeles.
Speaker Presentation
Achieving Optimal Portfolio Construction through Effective Risk Management and Diversification
Robust portfolio construction can seem a daunting task, even for experienced wealth managers. Market volatility, political uncertainty and competing client priorities, all influence allocation decisions. How do wealth mangers reconcile these factors while managing risk to maximize returns. In this session, we will discuss:
• What risks are in the portfolio?
• How to measure and manage risk through market cycles?
• How to achieve a truly diversified portfolio?
• Does it pay to hedge a portfolio?
Speaker Bio
Clark Cheng, CFA, FRM, CAIA joined Merrimac in 2014 and is the Chief Investment Officer. Merrimac is a large single family office with investments in hedge funds, private equity, venture capital and real estate. Prior to Merrimac, he was responsible for leading the alternative investment research team in the Americas for HSBC’s Alternative Investment Group which had USD 60 billion in assets both discretionary and advisory mandates at its peak. Before joining HSBC, he performed hedge fund research at Guggenheim Partners and Morgan Stanley between 2002 and 2005. Prior to joining Morgan Stanley, he worked at Credit Suisse First Boston’s equity research department in 2001. Prior to that, he spent six years building and establishing West Coast Economics. Mr Cheng holds the Chartered Financial Analyst, Financial Risk Manager and Chartered Alternative Investment Analyst designations. He holds a Masters Degree in Business Administration from Duke University and a Bachelors of Arts Degree in Business/Economics and Psychology from UCLA. He has also completed his coursework towards his Master’s degree in Psychology from California State University, Los Angeles.