Aug 21, 2020
In this episode, I talk with Shahraab Ahmad. Shahraab was previously the Chief Investment Officer of the credit fund Decca Capital. Prior to launching the fund in 2015, he managed the Hutchin Hill Liquid Credit Strategy (2008-2013). From 2005 to 2008, he was a partner at Sailfish Capital, where he traded global relative value within credit, and prior to that, he was Co-Head of the HY Credit Trading Group at J.P. Morgan (1999-2004). In this podcast we discuss:
- The early years of CDS trading
- Transitioning from the sell-side to hedge funds
- How credit markets are less efficient today than in the past
- How the 2008 crisis compared to the 2001-2002 credit crisis
- The challenges of launching your own fund
- How he traded the COVID crisis
- Potential value in NY residential real estate
- The opportunities in Venezuelan bonds
- How to use SPACs to gain value
- How central bank QE could help hide corporate fraud
- The book that influenced his trading the most