Wednesday, 1 April 2015
Last updated 8 hours ago
Sep 10 2007 | 10:54am ET
Loomis, Sayles is the latest asset management firm to offer a 130/30 product. The firm last month launched its Loomis Sayles Equity Research 130/30 strategy.
The new offering will take long and short positions in securities based on a two-step screening process: a quantitative screen and fundamental research and analysis, according to the firm. Its process narrows the stock selection field to 70 to 100 names, identified by their likelihood to outperform or underperform the markets.
It also uses a stop-loss measure that cuts back or eliminates any short position that rises more than 10% versus the sector from cost or the most recent low price, depending on quantitative metrics. Also, the strategy seeks long/short pair trades of similar companies.
The portfolio managers are Brian James and Maureen Depp, who are also the co-directors of the Loomis Sayles Equity Research group.
“As a performance-driven manager, a 130/30 investment strategy is a natural fit for us based on the strength of our research and analytic resources,” said James. “We believe that 130/30 equity strategies are optimal for investors seeking opportunities for enhanced returns but not wanting to take on significant risk. We have paired in-depth research with disciplined risk management to create a strategy that suits the needs of many investors seeking an alpha-generating alternative.”
Loomis, Sayles currently manages more than $115 billion in equity, fixed income and alternative strategies.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…