Get Started

CARL’s Olympus Quant Hedge Fund Strategy with Investment Manager Ernest Chan

Episode 5
By Jamie Uppenberg On Feb 9, 2021

Play Episode

You can always listen to us on

What can you expect?

Jamie Uppenberg is joined by Ernest Chan, investment manager for CARL’s Olympus quant hedge fund strategy.

His firm, QTS was recently nominated to make the shortlist for HFM US Quant Performance Awards 2021 and recognized as one of the best tail risk hedging investment strategies of 2020. Learn what makes this strategy so successful, how it functions, and how it manages risk while offering investors true diversification. 

Episode Highlights

  • What has made this strategy successful so far 
  • How it performs during crisis and market downturns with historical examples 
  • Why and how Ernest started the tail reaper strategy 
  • What his research shows about having the strategy in a portfolio 
  • How it has performed during a pandemic 
  • What the strategy works really hard at 

OUR GUEST

Ernest Chan

Dr. Ernie Chan’s career since 1994 has been focusing on the development of statistical models and advanced computer algorithms to find patterns and trends in large quantities of data.

Ernie spearheaded IBM’s research effort to develop a system for searching large text databases, catapulting IBM’s reputation to a top player in the field.  At the Artificial Intelligence and Data Mining group in Morgan Stanley’s headquarter in New York, Ernie pioneered the application of some of these sophisticated statistical algorithms to the complex task of extracting customer relationships in the Morgan Stanley customer accounts database.

He was a proprietary trader and quantitative researcher at Credit Suisse in New York in 1998, a senior quantitative analyst at Mapleridge Capital Management Corp. in 2002, and a senior quantitative analyst and trader at Maple Financial in 2003. He co-founded EXP Capital Management, LLC, a Chicago-based fund management company in 2008. He founded QTS Capital Management, LLC. in 2011.

OUR HOST

Jamie Uppenberg

Jamie has 15+ years in digital payments, banking and financial services software development. She’s held several executive management positions in digital product software delivery, working various digital payment projects with big tech such as Apple and Google. Jamie brings extensive compliance, regulatory and KYC product and process management.

Latest Episodes

The "Invest with CARL" podcast is a bite-sized treasure trove for anyone looking to brush up on the basics or learn the latest hedge fund news. If you're just learning how to invest, the CARL podcast offers you plenty of information for beginners, concise enough to listen to on your commute.

CARL’s Fuji Investment Strategy

Fuji is an outcome-oriented investment fund. Copernicus Investment and Risk Advisors uses the proprietary Dynamic Factor Portfolio (DFP) strategy….

Listen to Episode 38

Introducing Carthage Fund II

Carthage's primary objective is to achieve a weekly profit margin of +0.5-1% through the sale of options, collecting premiums, which is expected to compound to an annualized return in the range…

Listen to Episode 37

Introducing MB Commodities Capital

CARL’s Jamie Uppenberg speaks with Maleeha Bengali, investment manager for MB Commodities Capital, LLC …

Listen to Episode 36

Making Your Money Work with Sam Sivarajan

In their conversation, Sam Sivarajan and CARL’s Jamie Uppenberg discuss everything from risk management in hedge funds to crypto currency...

Listen to Episode 35

CARL’s Fitz Roy Quant Hedge Fund Strategy with Investment Manager Gunnar Cuevas

In this episode, Fitz Roy manager and CARL’s CEO, Gunnar Cuevas, speaks with CARL’s Jamie Uppenberg about how the strategy functions, what makes it unique and very sophisticated, and the approach to managing risk...

Listen to Episode 34

CARL’s El Capitan Strategy Risk Management and Market Review

Listen in on a conversation with investment managers, Sergio Nozal and Daniel Requejo, as they discuss in detail how the El Capitan strategy currently available on the CARL platform manages risk and their take on the market today...

Listen to Episode 33

The Future of Hedge Funds: A Conversation with Spiros Margaris

Spiros and Jamie discuss the rise of retail investors in hedge funds, the changing market, how hedge funds and alternative investments such as CARL’s strategies fit into a larger portfolio, machine learning, and Spiros’ expert tips and wisdom...

Listen to Episode 32

CARL’s Teton Quant Hedge Fund Strategy with Investment Manager Brent Belote

Investment manager, Brent Belote, speaks about how the Teton strategy functions, what universe it operates in and why, how it manages risk, and some reflections and projections on the state of the market in recent years...

Listen to Episode 31

CARL’s Everest Quant Hedge Fund Strategy with Investment Managers Philippe Huber & Tony Guida

Philippe Huber & Tony Guida share how the Everest strategy functions, how it manages risk, and some of the incredible technological advancements that make it work so well overall... 

Listen to Episode 30

CARL’s Churfirsten Quant Hedge Fund Strategy with Investment Manager Tim Rawlins

Investment manager for Churfirsten, Tim Rawlins, shares how the strategy functions, how it manages risk, and what makes it work so well overall...

Listen to Episode 29

2021 Wrap Up with CARL’s Victory Peak Quant Hedge Fund Strategy

Joining the show today is investment manager, David Bush, to talk about the Victory Peak investment strategy...

Listen to Episode 28

Introducing CARL Self Directed IRA

Today on the podcast we are talking about Self Directed IRAs and the CARL Self Directed IRA that is now live on the CARL app...

Listen to Episode 27

2021 Wrap Up with CARL’s Denali Quant Hedge Fund Strategy

Investment manager Marcos Bueno talks about the Denali investment strategy in the context of 2021’s market and what 2022 might look like for the strategy...

Listen to Episode 26

2021 Wrap Up with CARL’s Olympus Quant Hedge Fund Strategy

Olympus team members, Ernie Chan and Nahid Jetha talk about their award-winning tail-hedging investment strategy in the context of 2021’s market...

Listen to Episode 25

CARL’s Matterhorn Quant Hedge Fund Strategy With Investment Manager Vittorio Manente

New to the CARL platform, the Matterhorn hedge fund strategy uses statistics to take advantage of the price actions of different securities...

Listen to Episode 24

CARL’s El Capitan Quant Hedge Fund Strategy with Investment Manager Sergio Nozal

New to the CARL platform, El Capitan is a quant hedge fund strategy with a fundamental philosophy based on the selection of global markets...

Listen to Episode 23

Are Two Hedge Funds Better Than One

Are Two Hedge Funds Better Than One? With Alex Shea

Most investors know that diversification is important and that, as an alternative investment, hedge funds can offer portfolio diversification...

Listen to Episode 22

CARL Update with Jamie Uppenberg

CARL Update with Jamie Uppenberg

Listen as host Jamie Uppenberg shares some of the exciting product updates you can expect tosee soon at CARL.

Listen to Episode 21

Get Rich Stay Rich with Cy Smith

Get Rich Stay Rich with Cy Smith

CARL President and Co-Founder, Cy Smith, joins the show this week to talk about two types of investors...

Listen to Episode 20

Olympus Mid-Year Update with Investment Manager Ernie Chan

Olympus Mid-Year Update with Investment Manager, Ernie Chan

Olympus strategy manager, Dr. Ernest Chan, returns to the show for a mid-year update...

Listen to Episode 19

Victory Peak Mid-Year Update with Investment Manager, David Bush

Victory Peak Mid-Year Update with Investment Manager, David Bush

Victory Peak strategy manager, David Bush, returns to the show for a mid-year update....

Listen to Episode 18

How it Works with CARL CEO, Gunnar Cuevas

How it Works with CARL CEO, Gunnar Cuevas

With CARL you can invest like the uber-wealthy have been doing for years with true diversification...

Listen to Episode 17

CARL’s Denali Quant Hedge Fund Strategy with Investment Manager Marcos Bueno

CARL’s Denali Quant Hedge Fund Strategy with Investment Manager Marcos Bueno

CARL’s Denali investment strategy follows a proprietary quantitative process to identify US stocks...

Listen to Episode 16

Risk Series - Risk Management with Quantitative Commodities Strategy, Kilimanjaro

Risk Series - Risk Management with Quantitative Commodities Strategy, Kilimanjaro

Active risk management is a critical function within CARL’s strategies...

Listen to Episode 15

The Story of Idle Cash: How to Make Your Money Work Harder

The Story of Idle Cash: How to Make Your Money Work Harder

Active risk management is a critical function within CARL’s strategies. An investment strategy’s ability...

Listen to Episode 14

CARL’s Kilimanjaro Quant Hedge Fund Strategy with Investment Manager Joel Murang

CARL’s Kilimanjaro Quant Hedge Fund Strategy with Investment Manager Joel Murang

CARL’s Kilimanjaro strategy is a long short commodity trading strategy that offers great diversification...

Listen to Episode 13

Why Did You Invest? A Current Investor’s Experience with CARL

Why Did You Invest? A Current Investor’s Experience with CARL

Host, Jamie Uppenberg chats with a current investor about why he chose to invest with CARL...

Listen to Episode 12

Market Update and CARL Progress Report

Market Update and CARL Progress Report

With current inflation concerns and tax hike talks, how do quantitative strategies like those available on the CARL app ...

Listen to Episode 11

Risk Series - Real World Risk Management and Diversification with Investment Manager Alan Harmer

Risk Series - Real World Risk Management and Diversification with Investment Manager Alan Harmer

An investment strategy’s ability to manage risk significantly decreases downturns and in an of itself will increase gains...

Listen to Episode 10

Risk Series - How to View Funds with Gunnar

Risk Series - How to View Funds with Gunnar

CARL’s CEO, Gunnar Cuevas, joins the show this week for a conversation about risk as it applies to...

Listen to Episode 9

Risk Series Kick Off with Jamie Uppenberg

Risk Series Kick Off with Jamie Uppenberg

How do quantitative hedge funds manage risk? CARL’s Jamie Uppenberg introduces the upcoming risk series...

Listen to Episode 8

Choosing New CARL Funds: Why Less Than 5% Make It

In 2020, CARL reviewed more than 400 quantitative investment strategies. Less than 5% of these strategies were cleared...

Listen to Episode 7

CARL’s Victory Peak Quant Hedge Fund Strategy with Investment Manager David Bush

CARL’s Victory Peak Quant Hedge Fund Strategy with Investment Manager David Bush

Join host Jamie Uppenberg and investment manager David Bush for a conversation about CARL’s Victory Peak...

Listen to Episode 6

CARL’s Olympus Quant Hedge Fund Strategy with Investment Manager Ernest Chan

CARL’s Olympus Quant Hedge Fund Strategy with Investment Manager Ernest Chan

Jamie Uppenberg is joined by Ernest Chan, investment manager for CARL’s Olympus quant hedge fund strategy...

Listen to Episode 5

Demystifying Quantitative Investment Strategies

Demystifying Quantitative Investment Strategies

CARL’s Jamie Uppenberg talks to investors about what quantitative hedge funds, or quantitative investments strategies...

Listen to Episode 4

CARL’s K2 Quant Hedge Fund Strategy with Investment Manager Alan Harmer

CARL’s K2 Quant Hedge Fund Strategy with Investment Manager Alan Harmer

Listen to a conversation with host, Jamie Uppenberg and investment manager Alan Harmer of CARL’s K2 investment fund...

Listen to Episode 2

How CARL is Changing the Quant Hedge Fund Game

How CARL is Changing the Quant Hedge Fund Game

Listen as host Jamie Uppenberg interviews CARL founder and CEO, Gunnar Cuevas, about how CARL is...

Listen to Episode 1

Sophisticated Alternative Investments Aren’t Just for Institutions Anymore

Get Started

LEARNING CENTER

Want to learn more about alternative investing with hedge funds?

The world of finance is open to anyone willing to educate themselves. You don't necessarily need a financial advisor to make sound decisions. As experts that handle alternative investments with quant hedge funds at CARL, we know our way around town and love to share our knowledge. Dive into our various information resources to become a self-made future investor.

Podcast

Expert guests share their views about investing, the market, the economy and all their opinions about current events and how they may affect your portfolio. Discover our Invest with CARL podcast. Dive deeper with detailed discussions, and important new for CARL members.

Discover more

Webinars

Listen and learn from handpicked speakers in our webinars. Learn what's important in the world of alternative investment products and get to know everything an investor or manager might need to know

Coming soon

Investment Basics

Start from scratch or refresh your knowledge with our extensive archive of investment articles. Brush up on essentials like mutual funds, securities and equity to make sound investment decisions.

Learn the basics

FAQ

You are not the first person to ask any given question about the alternative investments. Use our FAQ to find the most commonly-asked questions and get into the game today.

Coming soon

Ready to Invest in Alternatives?

Get Started

Was this information useful?
(0ratings, Ø 0.0)