A strong recovery in asset values and pension
funding levels hasn’t slowed the pace of change in institutional investment
portfolio strategies, according to an analysis from Greenwich Associates.
Investors around the world contributed almost $1
trillion in net flows to investment funds during 2013, similar to levels
observed in the preceding year.
John Hancock Investments is seeing defined
contribution (DC) retirement plan clients add alternative mutual funds to their
menu of investment options at a rapid pace.
Alternative strategies have been successful in increasing the portfolio returns of institutions, as well as reducing investment risk, over the past 20 years.
Investment service provider BNY Mellon released a liquidity administration service as part of its fund-of-hedge-funds (FoHF) offering.
Data & Research
The number of hedge funds employing lockup periods during which investors must wait to reclaim assets shrunk in recent years, according to research from eVestment.
Hennion & Walsh Asset Management, an investment services provider, has released its SmartTrust, Rising Interest Rates Hedge Trust, Series 1.
Hedge funds can provide both diversification and returns –
without significantly changing the risk profile of the portfolio – as interest
rates rise from historic lows.
A white paper from the hedge fund strategies group of Commonfund shows how hedge funds can be effective diversifiers and balance equity risk in portfolios.
Deals & People
Frecentese has joined Lyxor Asset Management’s New York office as the deputy
head of hedge fund research.
The Mariner Incubation Fund will be
managed by Eric
Pellicciaro, who joined Mariner
Investment Group from BlackRock.
BNY Mellon announced the launch of BNY Mellon Risk
Institutional investors continue to diversify their
investment portfolios into alternative assets, according to Towers Watson.
A strategic partnership
between Fortigent LLC and Central Park Group LLC will provide an alternative
investments platform for registered investment advisers.
Paladyne Systems Inc. updated its Reference Data Suite, a
reference data management solution, to address increasing hedge fund and
private equity regulations, and Form PF filing.
Data & Research
There’s been an uptick in global demand for
diversification and alpha generation, according to the 2012 Global Survey on
Alternative Investing by Russell Investments.
Berman Group LLC launched the Neuberger Berman Absolute Return Multi-Manager
Fund with multiple sub-advisers on Monday.
The Greenwich Roundtable released a white paper discussing how investors can manage complexity of alternative investments to improve their returns.
Deals & People
Former JPMorgan Chase
trader Damien Bombell has started a hedge fund to invest in metals,
grains, and energy, reports Business Week.
Man Investments is launching the Man Long Short Fund, a long/short equity fund of hedge funds with scheduled monthly
liquidity in a Registered Investment Company format.