Kurt Silberstein Craig Dandurand
Kurt Silberstein, portfolio manager and Craig Dandurand, investment officer, Absolute Return Strategies, CalPERS
Our team tends to prefer staying out of the spotlight since CalPERS gets plenty of attention - whether or not we offer our opinions. But the Global Review 2007 presented an opportunity to express a few of our thoughts and to address some of the speculation associated with our Risk Managed Absolute Return Strategies (RMARS) programme. We know we may be tempting fate; just as being featured on the cover of Sports Illustrated seems to act as a jinx, so have the subjects of hedge fund industry profiles been visited by more than their fair share of post-publication misfortune. We therefore offer our...