Angelo Calvello discusses the issues surrounding Artificial Intelligence (AI) in Alternative Investment portfolios.   Transcript: AI is great at recognizing patterns in data and identifying similar situations observed in the past. It is usually at a loss on how best to act in new and previously unseen situations such as the COVID 19 outbreak. It is true that deep learning and deep reinforcement learning or trade on historical data and that circumstances not seen in the training data could prove troublesome.   But such an admission does not disqualify deep learning and deep reinforcem ..read more

Angelo Calvello, PhD discusses the issues surrounding AI (Artificial Intelligence) in Alternative Investment portfolio management. Transcript: It is clear that their denial is based upon the single fundamental and universally held belief that investing is essentially and necessarily a human activity. Here's a common expression of that belief in a quote someone but not identify them. It's in the paper if you want to read it. My starting point is that one way or another, investing is and will remain a fundamentally human activity even when computer driven trading represents the majority of stock ..read more

Angelo Calvello discusses issues surrounding AI (Artificial Intelligence) in Alternative Investment portfolios.   Transcript: My name is Angelo Calvello with my partner, Julie Bonifede. I co-founded Rosetta Analytics in 2016. Rosetta We're an asset manager and an asset manager that's been using advanced. I mean, we've been using deep learning since 2017 and deep reinforcement learning since 2020 to run money and life strategies for U.S. institutional investors. And by any measure, the models work, and the strategies provide investors with the investment outcomes they seek.   Yet we f ..read more

Angelo Robles discusses Digital Assets in Family Office Portfolios.   Transcript: No discussion on investing these days would be applicable if you didn't mention something that's just so obvious. What's happening in the world of digital assets in crypto, in Nfts. Broadly web3 in the blockchain, what's potentially happening with Dallas and eventually in time something called social tokens. Maybe you heard it here first. So to give a little context. As the founder of Family Office Association, knowing thousands of amazingly highly successful families, many of them billionaires, some of them ..read more

Angelo Robles describes the role of PE, VC and Real Estate in Family Office Portfolios.   Transcript: Also family offices, including single, multi and virtual family offices, are active allocators to alternatives. Among the most common alternatives will be real estate, private equity and venture capital. Now they're completely different, but they usually make up among the greater allocations in alternatives by family offices and commonly even through all the talk commonly as an LP and a fund.   Why the Family Office may not and often doesn't have the internal talent and resources to ..read more

Angelo Robles of the Family Office Association discusses the role of Hedge Funds and Commodity Trading Advisors in a Family Office Portfolio.   Transcript: I am often also asked about how active family offices, whether single or multi, are in the world of hedge funds. Now, my Family office association is headquartered in Greenwich, Connecticut, and I've been very fortunate to have interviewed at the biggest managers in the community over the years Ray Dalio, Steve Cohen, Tudor Jones, Cliff Adonis, all headquartered in Greenwich, Connecticut.   So among the smartest people that I've e ..read more

Angelo Robles emphasizes the process of building relationships (not "selling") to Family Offices.   Transcript: I hinted at it in a prior section, but there is a nuance to interacting with families even when you're paying to be a sponsor. And I've done over 400 events. I featured some of the biggest speakers, Ray Dalio, Tony Robbins, etc., and many more in the industry. And yeah, I realize you may be a speaker or sponsor, but no, you don't approach someone and within 10 seconds your card is in hand.   And who has business cards anyway? Now. But okay, let's go with that. Like, really ..read more

Angelo Robles describes the do's and don'ts of connecting with family offices.   Transcript: Easily the most common question I get is like, how do I like what's the proper way to even find out and approach a family office? So the hardest one is going to be the single family office. They're are private entities. They usually don't have to register, but that gets a little complicated. But I don't want to drag you down with that.   So databases are going to be limited. I'm not saying they're not good at all. They could be valuable. And there are certain technological resources and datab ..read more

Angelo Robles defines the makeup of various forms of family offices. Transcript: Hello, everyone. I'm Angelo Robles. I'm the founder and CEO at Family Office Association, a global membership organization dedicated to family offices. I'm also the host of the Angelo Robles podcast on YouTube, Apple and Spotify. Among the most common questions I'm often asked to define what is a family office? The most traditional definition is an entity created by one family of great wealth to internally and exclusively manage their financial and often their other affairs.   Commonly, the other type of fami ..read more

Michelle Noyes of AIMA discusses the benfits of membership in the Alternative Investment Management Association.   Transcript: So for folks who decide they may wish to use the AIMA DDQ, be them an investment manager or an allocator, essentially one of the two would have to be a member of the association in terms of membership, really, we are a broad church church that welcomes all in the industry. It is corporate level membership only, so individuals aren't able to be a part of the association.   It is the company that is the member and then as many people within the organization who ..read more