For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Products February 11, 2011
GFWM Adds Alternative Specialist
Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, has added alternative investments specialist Altegris Advisors as a portfolio strategist.
Reported by PLANADVISER staff
By adding Altegris Advisors, LLC, the GFWM platform will allow advisers to include strategies that have historically uncorrelated performance to traditional asset classes like stocks and bonds, the company reports.
Altegris Advisors is an affiliate within the Altegris Companies, which Genworth Financial in late 2010. Altegris offers a platform of alternative investments designed to meet the investment needs of individuals, institutions and financial professionals using quantitative and qualitative analysis to identify, select, and proactively monitor the investments.
You Might Also Like:
Private Assets an Uncertain Certainty for DC Plans
Financial services firm Mesirow argued that widespread incorporation of private assets into defined contribution plan target-date strategies will take time.
How Will Private Markets Exposure Impact Fiduciaries?
Experts say the conversation about alternative investments in defined contributions plans has shifted from whether they can be used in...
BlackRock: US Voters Support More Retirement Investment Options
More than 60% of surveyed registered voters said they support efforts to expand private market investments for retirement plans, according...