Thu, Mar 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Salient Partners launches Salient Risk Parity Index

Tuesday, August 21, 2012

amb
Lee Partridge
Bailey McCann, Opalesque New York:

Texas-based asset management and wealth advisory firm, Salient Partners has launched a first-of-its-kind Risk Parity Index. The index is the first and only benchmark that will enable investment managers to measure the performance and effectiveness of their risk-parity strategies against an industry standard, passive index. The index is a composite, USD based, total return index that represents the performance of an equally risk-weighted allocation to global equity, interest rate, credit and commodity exposures.

The Index was originally made available through the Salient Partners website in February, and is now available on the Bloomberg terminal. Portfolio weights are rebalanced monthly, with a 10% volatility target.

"While equity strategists and stock fund managers can gauge their performance against indices such as the Dow Jones Industrial Average and S&P 500, investment managers who employ risk-parity strategies do not have a similar measurement tool," said Lee Partridge, Chief Investment Officer of Salient, in an interview with Opalesque. "We support the growth of the risk-parity approach and wanted to create a benchmark for managers who use it."

Salient is a $17bn asset management firm and has chosen the assets for the index through its own Index Committee. Historical and ongoing Index values are then calculated by a third-party calculation agen......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He