Mon, Apr 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ramius: liquid alternatives should replicate, not alter hedge fund strategies

Friday, October 12, 2012

amb
Vikas Kapur
Bailey McCann, Opalesque New York:

Liquid alternatives continue to grow and the space is attracting some big name managers. Hedge fund replication strategies and managed futures are some of the most popular varieties of these new funds and Ramius, the global alternative investment management business of Cowen Group, Inc. offers both of them as part of its expanded liquid alternatives offering.

Historically, Ramius has been a hedge fund catering to institutional investors, the firm’s alternative strategies include Global Long/Short Credit, U.S. Small Cap Value, and Event Driven. Through their work in these strategies, firm principals recognized the need for quality retail products that offer retail investors access to some of the more competitive aspects of hedge fund investing.

"Our hedge fund replication product delivers alternative betas applied against a portfolio of hedge funds with an open ended 40-act fee structure that is similar to a long only mutual fund," explains Vikas Kapur, who manages the Ramius Replication Fund, in an interview with Opalesque

. He notes that the investment team dissects the betas of the portfolio to ensure the best results and also rebalances on a monthly basis against broader macro factors. "We want managers in the fund who can capture the betas we want to extract," he says.

The trading team for this fund is largely the same as the trading team Ramius uses with its institutional client base in o......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner