SGAM Launches ‘Alternative Beta’ Fund

Aug 9 2007 | 11:36am ET

SGAM Alternative Investments is launching the first UCITS III compliant mutual fund under French law that targets a risk/return profile corresponding to the global hedge fund universe.

The firm’s new Total Return Exposure (T-Rex) strategy aims to replicate the performance of the Hedge Funds Research Index, with a dynamically managed portfolio using liquid financial instruments, such as futures, on the major asset classes (equities, bonds, and currencies).

The allocation process of the fund is based on a quantitative model, which automatically calculates the allocation offering a high correlation to the performance of over 2000 hedge funds tracked in the HFR database, without subjective input from a fund manager. Its positions are re-weighted every month.

The T-Rex strategy charges no minimum subscriptions and offers daily liquidity and transparency, as the fund’s portfolio allocation will be published continuously on the firm’s Web sites.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR