Sat, May 30, 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 firmís 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. Opalesque Exclusive: New TMT hedge fund adopts the long-term approach[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Adam Parker founded Center Lake Capital LLC in New York in November 2014. Before that, he was portfolio manager at Point State Capital (the successor fund to Dr

  2. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Icelandís failed banks face a tax that targets the lendersí estates as the government prepares to unveil its plan for exiting capital controls in t

  3. Investing - Nelson Peltzís Trian Fund Management reduces position in Legg Mason, Biotech investors up big amid bubble talk, Hedge funds increase exposure in healthcare[more]

    Nelson Peltzís Trian Fund Management reduces position in Legg Mason From Octafinance.com: Trian Fund Management has filled a SC 13D/A form regarding Legg Mason, Inc. Per Nelson Peltzís Trian Fund Managementís filing, the filler reported decreased stake in the company by -11.05% to 11,03

  4. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

  5. Billionaire hedge fund investor Odey says April 'bloody', has cut risk[more]

    From Reuters/Yahoo.com: Billionaire hedge fund manager Crispin Odey has cut risk and leverage following a stunning 19.3 percent loss in his 3.1 billion euros (2 billion pounds) Odey European Inc fund in April, a letter to investors seen by Reuters showed. Describing the month as "bloody", Odey

 

banner