The bank is also looking at adding ‘liquid private markets’ products to its platform and is steering away from narrow thematic products.
Unigestion’s quant fund aims to put right exactly what investors have found to be wrong with hedge funds – lack of liquidity and transparency and high fees and low performance, according to Joan Lee, vice president and investment manager for cross-assets solutions at the boutique fund house.
The third alternative view is from Adam MacNulty, client portfolio manager at Pioneer Investments. MacNulty presented at FSA’s Alternatives Forums in Hong Kong and in Singapore on “Pursuing alpha in a low return world – opportunities in liquid alternatives” In the video above he answers three questions about liquid alternatives. Click here for his answers […]
The hedge fund industry is under strong competitive pressure to change, yet managers remain generally optimistic, according to a survey from State Street.
In line with the move to more customised strategies, Legg Mason is trying to develop alternative products in asset classes such as private equity and real estate that also have the daily liquidity investors crave, said Joe Sullivan, the firm’s chairman and chief executive officer.