Thu, May 26, 2016
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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  5. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America