Cross-Asset Thematic Strategy, Edelscourt

Albert Maass

Albert brings over three decades of experience from the financial industry, having worked with top institutions across the UK, Americas, and Asia. His broad expertise spans investments in multiple asset classes and extends to risk management.

In a previous role, Albert served as the Head of Alternative Investments at Shinsei Bank in Japan, where he oversaw a varied portfolio comprising private equity, hedge funds, reinsurance, credit, and other assets. His distinguished career has seen partnerships with prestigious institutions such as HVB, the European Bank for Reconstruction and Development, Nomura International, Mariner Investment Group, Allied Capital Asset Management, and the Central Bank of Chile.

Albert is a certified Financial Risk Manager (FRM) and is an alumnus of the Universidad Católica de Chile, with a degree in Business and Economics

Cross-Asset Thematic Strategy

Why You Shouldn't Be Selling Penny Options on Bitcoin

Thematic (Sector/Industry)

Since the December peak in Bitcoin price, the crypto-currency volatility has collapsed. 
As risk has come down, does Bitcoin now deserve a larger allocation in our portfolio?
In <a href="https://www.smartkarma.com/insights/the-risk-of-bitcoin" target="_blank">The Risk of Bitcoin</a>, published at the peak of last year's Bitcoin valuations, Pelham Smithers and I argued that based on the available data at the time, Bitcoin could be held on a risk-adjusted way to fit into an asset portfolio, but using risk parity the position should be small (about 4% of the equity allocation), as…

Since the December peak in Bitcoin price, the crypto-currency volatility has collapsed.  
As risk has come down, does Bitcoin now deserve a larger allocation in our portfolio?
In The Risk of Bitcoin, published at the peak of last year's Bitcoin valuations, Pelham Smithers and I argued that based on the available data at the time, Bitcoin could be held on a risk-adjusted way to fit into an asset portfolio, but using risk parity the position should be small (about 4% of the equity allocation), as…

The Risk of Bitcoin (Update)