Mon, Dec 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Managed accounts evolve to meet investor demands

Friday, November 16, 2012

Bailey McCann, Opalesque New York:

In the aftermath of Bernie Madoff, more investors are turning toward separately managed accounts in order get a handle on transparency and greater liquidity – especially at the institutional investor level. In a recent Opalesque TV interview, two players in the space, Nathanael Benzaken and Lionel Paquin of the Lyxor Managed Account Platform, discuss the evolution of managed accounts and what they now mean for the industry.

In the interview, both men note that since Madoff, managed accounts have evolved to provide more protection of investor funds and improve overall portfolio management. "Clearly there is a growing appetite, a great need actually, from institutional investors to absolute return type of strategies, and the managed account route is key because it has obviously helped access hedge funds in a secured way, but more importantly at this stage is a more transparent way," says Benzaken.

He explains that managed accounts can provide a way forward for investors to understand at a deep level how managers are positioned, what the risks are, and do so on a much more frequent basis than they would have previously. Managed accounts can also serve as a hybrid structure allowing funds to deal with big-ticket investors in their own space and ease compliance concerns.

"If you invest in hedge fund direct, the standard is typically t......................

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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar