Mehraj Mattoo
Encyclopedia
Mehraj Mattoo is the founder of Commonwealth Asset Management and the former Global Head of Commerzbank
Alternative Investment Strategies (COMAS), one of the largest hedge fund
groups globally (Investhedge 2009; The Billion Dollar Club). Prior to Commerzbank, Dr. Mattoo was the Managing Director of Dresdner Kleinwort Wasserstein, the investment banking arm of Dresdner Bank
, the second largest bank in Germany. Commerzbank
and Dresdner Bank
merged in 2009 to form one of the largest banks in Europe. Prior to Dresdner Kleinwort, Dr. Mattoo was the Global Co-Head of the Fund Derivatives
Group at BNP Paribas
, the largest French bank, where he pioneered the use of structured products on alternative investments, especially hedge funds. Dr. Mattoo is a former Executive Director of Canadian Imperial Bank of Commerce
(CIBC) and a Director of NatWest Capital Markets, the investment banking arm of Britain's largest bank, National Westminster Bank
, now part of RBS
Group. In 2006, Dr. Mattoo caused controversy by launching a joint research programme with Imperial College that aims to de-construct hedge funds using artificial intelligence
. Commerzbank claimed significant performance gains from the programme. Dr. Mattoo is a leading commentator on hedge funds and a known critic of the traditional fund of hedge funds model. Dr. Mattoo was born in India
but was educated at Britain's Imperial College
. He holds MBA, MSc and PhD (Financial Economics) degrees from London University. Dr. Mattoo was the inaugural NatWest Research Fellow at Imperial College (1986–1989) and a Visiting Research Scholar at the MIT Sloan School of Management
. Dr. Mattoo is the author of Structured Derivatives published by the Financial Times, London (1997) and is a recipient of the Diploma of Imperial College (DIC).
2. http://www.moneycontrol.com/news/fii-view/around-200-hedge-funds-focusedindia-commerzbank_302899.html
3. http://www.icbi-events.com/downloads/GAIM_08__web.pdf
4. http://www.amazon.co.uk/Structured-Derivatives-Structuring-Applications-Financial/dp/0273611208/ref=sr_1_1?ie=UTF8&qid=1288292681&sr=1-1
5. http://www.efinancialnews.com/story/2006-04-12/commerzbank-adds-mattoo
6. http://www.forbes.com/feeds/afx/2007/03/20/afx3531902.html
7. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aifbHkBcEiFE&refer=funds
8. http://www.reuters.com/article/idUSLJ59929320080919
9. http://www.forbes.com/feeds/afx/2007/03/20/afx3531991.html
10. http://www.nytimes.com/marketing/iht/search/?iht
11. http://www.emii.com/CampaignArticles/362269/2388681/3910/Ex-Comas-Team-Sets-Up-New-Firm.aspx
12. http://www.cpifinancial.net/v2/Magazine.aspx?v=1&aid=1520&cat=BME&in=95
Commerzbank
Commerzbank AG is the second-largest bank in Germany, after Deutsche Bank, headquartered in Frankfurt am Main.-Activities:Commerzbank is mainly active in commercial bank, retail banking and mortgaging. It suffered reversals in investment banking in early 2000s and scaled back its Securities unit...
Alternative Investment Strategies (COMAS), one of the largest hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
groups globally (Investhedge 2009; The Billion Dollar Club). Prior to Commerzbank, Dr. Mattoo was the Managing Director of Dresdner Kleinwort Wasserstein, the investment banking arm of Dresdner Bank
Dresdner Bank
Dresdner Bank AG was one of Germany's largest banking corporations and was based in Frankfurt. It was acquired by competitor Commerzbank in December 2009.- 19th century :...
, the second largest bank in Germany. Commerzbank
Commerzbank
Commerzbank AG is the second-largest bank in Germany, after Deutsche Bank, headquartered in Frankfurt am Main.-Activities:Commerzbank is mainly active in commercial bank, retail banking and mortgaging. It suffered reversals in investment banking in early 2000s and scaled back its Securities unit...
and Dresdner Bank
Dresdner Bank
Dresdner Bank AG was one of Germany's largest banking corporations and was based in Frankfurt. It was acquired by competitor Commerzbank in December 2009.- 19th century :...
merged in 2009 to form one of the largest banks in Europe. Prior to Dresdner Kleinwort, Dr. Mattoo was the Global Co-Head of the Fund Derivatives
Derivative (finance)
A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.Under U.S...
Group at BNP Paribas
BNP Paribas
BNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...
, the largest French bank, where he pioneered the use of structured products on alternative investments, especially hedge funds. Dr. Mattoo is a former Executive Director of Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce
The Canadian Imperial Bank of Commerce is one of Canada's chartered banks, fifth largest by deposits. The bank is headquartered at Commerce Court in Toronto, Ontario. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT....
(CIBC) and a Director of NatWest Capital Markets, the investment banking arm of Britain's largest bank, National Westminster Bank
National Westminster Bank
National Westminster Bank Plc, commonly known as NatWest, is the largest retail and commercial bank in the United Kingdom and has been part of The Royal Bank of Scotland Group Plc since 2000. The Royal Bank of Scotland Group is ranked as the second largest bank in the world by assets...
, now part of RBS
RBS
-Banking:* Royal Bank of Scotland - Scottish high street bank** Royal Bank of Scotland Group - A majority British state owned Scottish holding company, which owns Royal Bank of Scotland, NatWest and others-Defence:...
Group. In 2006, Dr. Mattoo caused controversy by launching a joint research programme with Imperial College that aims to de-construct hedge funds using artificial intelligence
Artificial intelligence
Artificial intelligence is the intelligence of machines and the branch of computer science that aims to create it. AI textbooks define the field as "the study and design of intelligent agents" where an intelligent agent is a system that perceives its environment and takes actions that maximize its...
. Commerzbank claimed significant performance gains from the programme. Dr. Mattoo is a leading commentator on hedge funds and a known critic of the traditional fund of hedge funds model. Dr. Mattoo was born in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
but was educated at Britain's Imperial College
Imperial College London
Imperial College London is a public research university located in London, United Kingdom, specialising in science, engineering, business and medicine...
. He holds MBA, MSc and PhD (Financial Economics) degrees from London University. Dr. Mattoo was the inaugural NatWest Research Fellow at Imperial College (1986–1989) and a Visiting Research Scholar at the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
. Dr. Mattoo is the author of Structured Derivatives published by the Financial Times, London (1997) and is a recipient of the Diploma of Imperial College (DIC).
Additional resources
1. http://ingridhedged.wordpress.com/2008/2. http://www.moneycontrol.com/news/fii-view/around-200-hedge-funds-focusedindia-commerzbank_302899.html
3. http://www.icbi-events.com/downloads/GAIM_08__web.pdf
4. http://www.amazon.co.uk/Structured-Derivatives-Structuring-Applications-Financial/dp/0273611208/ref=sr_1_1?ie=UTF8&qid=1288292681&sr=1-1
5. http://www.efinancialnews.com/story/2006-04-12/commerzbank-adds-mattoo
6. http://www.forbes.com/feeds/afx/2007/03/20/afx3531902.html
7. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aifbHkBcEiFE&refer=funds
8. http://www.reuters.com/article/idUSLJ59929320080919
9. http://www.forbes.com/feeds/afx/2007/03/20/afx3531991.html
10. http://www.nytimes.com/marketing/iht/search/?iht
11. http://www.emii.com/CampaignArticles/362269/2388681/3910/Ex-Comas-Team-Sets-Up-New-Firm.aspx
12. http://www.cpifinancial.net/v2/Magazine.aspx?v=1&aid=1520&cat=BME&in=95
See also
- Derivative (finance)Derivative (finance)A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.Under U.S...
- Structured productStructured productIn finance, a structured product, also known as a market linked investment, is generally a pre-packaged investment strategy based on derivatives, such as a single security, a basket of securities, options, indices, commodities, debt issuance and/or foreign currencies, and to a lesser extent, swaps...
s - Hedge fundHedge fundA hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
s - Prominent Alumni of Imperial College