Canadian Perspectives on Hedge Funds in 2016

Jean-François Papillon: I have been a Wealth Advisor and Portfolio Manager with the Roux Papillon Blais team at BMO Nesbitt Burns for 15 years. I have a civil engineering background and hold an MBA from McGill University. I earned the CFA designation in 2005. I have used hedge funds for approximately eight years. The reason is simple: they represent a diversification tool with little correlation to the other investment categories in my portfolio. I was seeking to reduce the overall volatility of my portfolio without compromising its performance. The interest levels and return profile versus the risks associated with bonds is another factor that helps promote the use of hedge funds. Certain hedge funds may use derivative instruments to provide the portfolio with a source of revenue without increasing its volatility.

Read full article: Hedge Fund Insight, November 21, 2016