Northwater Launches Bond Fund For D.B. Plans

Nov 2 2006 | 2:09pm ET

Toronto-based Northwater Capital Management has launched a portable alpha bond fund targeted at Canadian defined benefit plans. The Northwater Enhanced Long Bond Fund will seek to return between 175 and 325 basis points over its benchmark, the Scotia Capital Long Overall Bond Index.

“Plan sponsors are looking for ways to add significant value to their bond portfolio–with the flexibility of allocation to both mid-duration and longer-duration benchmarks to better reflect their plan’s liability profile,” explains Northwater Vice President Stephen Foote.

Northwater is an employee-owned investment company with offices in Toronto, New York and Chicago. The firm has $10 billion in assets under management, including U.S. $4.3 billion in its market-neutral fund of hedge funds, almost all of which is used in portable alpha structures.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

July/August 2014 Cover

The time was right

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 ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.