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

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of