Tuesday, 2 September 2014
Last updated 3 hours ago
Mar 10 2008 | 11:05am ET
Credit Suisse is turning to a trio of academics to give their investors alpha without actually investing in hedge funds. The firm’s Beta Strategies group has formed a partnership with hedge fund and alternative beta research specialists William Fung, David Hsieh and Narayan Naik to develop alternative beta strategies to replicate the risk and return characteristics of hedge fund strategies.
Fung and Hsieh, of the London Business School, and Naik, of Duke University, are widely recognized as pioneers in researching the fields of alternative beta and hedge fund replication, having explored these topics from an academic perspective since 1994.
“Institutional investors demand a detailed understanding of the return sources in their portfolios and are willing to substitute alternative beta factors through cost-effective replication strategies,” Oliver Schupp, head of Beta Strategies at CS, said.
“This new investment approach may ultimately allow investors to tactically adjust their portfolios to lower the expense ratio, enhance liquidity, hedge long positions and obtain a desired correlation.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...