Stephane Bernhard

CEO/CIO of CAM Multi-Strat Asset Management, part of ETG Group. Has over 30 years of experience in commodity trading, starting at Louis Dreyfus through commodity trading house ETG.

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Apr 24, 2025 • 1h 30min

Podshops, Prices, and Physical Flows: A Commodity Trading Framework with Stephane Bernhard of CAM/ETG

In this engaging conversation, Stephane Bernhard, CEO/CIO of CAM Multi-Strat Asset Management, shares insights from his 30+ years in commodity trading. He discusses the evolution of commodity trading and the importance of risk management, revealing why traditional VAR methods fall short. Stephane highlights his firm’s unique approach to merging physical and financial strategies in trading while tracing historical parallels in the market. Personal anecdotes from his experiences add depth to the discussion, making this a must-listen for trading enthusiasts!

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