Sat, Aug 30, 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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest