Wednesday, 7 October 2015
Last updated 19 hours ago
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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…