Eben Maré
Head of Absolute Return Funds, ABSA Asset Management
Articles
Let’s Do the Time Warp Again…
“Out of all the things I’ve lost, I miss my mind the most …” Mark Twain Think back carefully about your career – for those of us who have been around for long enough, what has really changed in the last twenty/thirty years? Personally, I find the flow of...
Risk Homeostasis and the Hamster
“My hamster died last night … it fell asleep at the wheel.” – Anonymous Homeostasis refers to some regulating process that keeps an outcome close to a target by compensating for external disturbances; core bodily temperature is an example of being...
Volatility and the Skunk
Volatility and the Skunk By Eben Maré, Head: Fixed Income at Absa Asset Management and Associate Professor, University of Pretoria “What kills a skunk is the publicity it gives itself” – Abraham Lincoln Investors typically equate volatility (or...
Risk Profiling, Risk Management and Investments
Risk Profiling, Risk Management and Investments by Eben Maré, Head of Fixed Income, ABSA Asset Management IBM recently estimated that we generate approximately 2.5 quintillion bytes of data daily (one followed by 18 zeros – roughly the equivalent of...
Heisenberg’s Uncertainty Principle and Unintended Consequences in Finance
Heisenberg’s Uncertainty Principle and Unintended Consequences in Finance by Eben Maré, Associate Professor, University of Pretoria Central banks have their jobs cut out for them! They measure a set of economic variables (such as inflation and...
Volatility – Ubiquitous, Yet Evasive?
Volatility – Ubiquitous, Yet Evasive? by Eben Maré, Portfolio Manager, Stanlib In this article we discuss aspects of asset class volatility. We look specifically at the VIX index and some of its properties – VIX has become very popular in the media...
The Importance of US Real Yields for Relative Equity Performance
The Importance of US Real Yields for Relative Equity Performance by Eben Maré, Head of Absolute Return Funds, Stanlib, and Chris Holdsworth, Quantitative Strategist, Investec Securities Real interest rates have been negative in the US following the 2008 sub-prime...
