Products September 4, 2012

Acadian Unveils Dividend-Based Equity Strategy

An alpha-generating investment process that draws on the global dividend-paying universe was developed by Acadian Asset Management LLC.
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The Global Dividend Yield and Growth Strategy seeks to provide income that increases while still expanding real capital value over time.

After closely analyzing the characteristics of this universe for the past two years, Acadian said it constructed models to identify those companies best able to sustain and raise their dividends, and to eliminate those most likely to cut their payout. Using these models, the firm carried out portfolio simulations for the strategy for the period 1995 to 2011, which showed a total return ahead of traditional cap-weighted indices.

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The fund will have particular appeal to institutional investors that have historically required regular cash from their portfolio, according to Ross Dowd, senior vice president and head of global marketing at Acadian. “We also understand that investors have different preferences regarding the balance between capital and income, and we are able to manage portfolios tailored to particular investor requirements in that respect,” Dowd said.

Acadian Asset Management, in Boston, is an investment management firm specializing in active global and international equity strategies.

 

Deals & People August 31, 2012

Lyxor Appoints Bernstein Head of U.S. Business Development

Michael Bernstein was promoted to head of North American business development at Lyxor Asset Management Inc., an affiliate of Lyxor Asset Management S.A.
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The North American market is a key area of development for Lyxor, and the firm is ambitious to continue to grow in the region. Lyxor has seen breakthroughs with some of the region’s largest pensions, endowments, consultants and wealth management firms.

Lyxor plans to expand the local business development team under Bernstein’s leadership. His main focus will be to strengthen and develop relationships with institutional investors, consultants, distribution partners and other asset managers.

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Bernstein will leverage the scope of Lyxor’s capabilities, including managed account, advisory, fund of fund, index and quantitative solutions. He joined Lyxor in 2009 and was most recently head of U.S. pensions and consultants.

Bernstein graduated with distinction from Swarthmore College. He holds CFA and CAIA charters and is a member of the New York Society of Security Analysts.

Lyxor is a global investment firm and a subsidiary of the Societe Generale Group.

 

 

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