Michael Belpaire, CFA

Analyse, monitor and recommend CTA funds for our dedicated fund of CTA strategies and our multi-strategy fund
Analyse, monitor and recommend UCITS III funds
Develop quantitative tools such as the fund exposure monitoring tool based on funds’ newsletter information

Assumed same responsibilities in PAAS as during KBC Alpha Asset Management
Integration of PAAS risk management process into PAAMCO’s proprietary risk management approach based on full position transparency

Covered existing and prospective quantitative-oriented hedge fund investments (CTA, Quantitative Market Neutral) which included regular site visits to Japan, Australia, Singapore and the U.S.
Developed portfolio construction tools and participated as a member of the Portfolio Management Committee (a group of four who implemented strategic allocation and fund weightings)
Prepared quantitative analysis and risk reports at both the portfolio and underlying hedge fund level for the monthly Investment Committee (“IC”) as the Risk Manager and a voting member of the IC
Interacted with institutional clients (large North American pension funds) on a monthly basis as well as ad-hoc projects – for example, as a member of some successful mandate pitches, presenting quantitative strategies, risk management and portfolio construction.

Manage Funds of Hedge Funds and Structured Products:
Define the Strategic Allocation of the Fund of Hedge Funds of funds over 200 million euros
Invest in alternative strategies as Long Short Equity, Event Driven, Convertible Arbitrage, CTA and Global Macro
Calculate and Follow the Risk Management

Assisted the portfolio managers in their daily management of global macro portfolios (middle office function) and short-term fixed income portfolios (credit risk management)
Managed short duration money market allocation of all portfolios (over €200mln)
Developed performance attribution applications to help investment decisions

Determined the arbitrage opportunity in the sectorial diversification by analyzing the homogeneity of the sectors throughout the
world
Computed a Black Litterman Model