Buying into an actively managed investment fund is a decision to invest in skill, not the market. It requires a fundamental belief in a manager's ability to deliver returns that are unique to their investment process and commensurate with the fees charged.
If that's the case, however, why is there so little information on an investor's skill?
Returns data provides past performance. Having access to consultants can help complete the picture and many allocators rely on personal networks to attest to an investor's acumen. However these are specialized and inaccessible resources.
We designed Symmetric to make investors' skills transparent and accessible to everyone.
Sam Abbas is Managing Director of Symmetric. Prior to Symmetric, Sam was Director of Research and Trading at Privero Capital, a NYC based proprietary trading firm specializing in statistical arbitrage. At Privero, Sam led the research, development and execution of systematic trading strategies in the equities and futures markets. Since inception in Jan 2008, Privero has outperformed the broader market and almost all active management indices with significantly lower volatility. Prior to Privero, Sam was a strategy consultant at Oliver Wyman & Company. Sam graduated from Princeton University with a degree from the Woodrow Wilson School, where he wrote his thesis under Daniel Kahneman, the 2002 Nobel Laureate in Economics.