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

Fund Manager's Disease: Common Symptoms and Proposed Remedies

May 3 2016 | 6:11pm ET

The cadre of 25 research analysts at Murano Systems speaks with more than 150 investors...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...