Mellon Adds To Portable Alpha Lineup

Jul 28 2006 | 4:47pm ET

Mellon Capital Management has launched its third portable alpha product this year with $1 billion in assets under management. International Equity Alpha Plus, benchmarked to the MSCI EAFE Index, is a long/short offering investing in global equity, sovereign debt and currencies.

"We are seeing strong interest in this product, as it combines two of the fastest-growing strategies for institutional investors, international investing and portable alpha," said Charlie Jacklin, the firm's president and CEO.

In May the firm unveiled a bond alpha strategy and an equity alpha strategy. Mellon Capital, which has $141 billion in assets under management, is a division of Mellon Financial Corp.'s Mellon Asset Management.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of