Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Salient launches Salient Alternative Beta Fund

Thursday, June 06, 2013

Bailey McCann, Opalesque New York:

Salient Partners, an $18bn investment management firm based in Houston, Texas has launched its fourth liquid alternative fund that is designed to offer retail investors access to alternative strategies previously only offered to institutional investors. The Salient Alternative Beta Fund makes long and short investments in futures and forward contracts but also invests in securities, derivatives and other financial instruments allowing it to obtain extra diversification.

Traditionally, investors in alternative investment strategies have generally gravitated toward lower volatility investments that exhibit return patterns that are more correlated with traditional equity markets, however this fund goes against the grain by attempting to diversify away from equity-centric exposure while utilizing high volatility.

"We wanted to create a fund that potentially has a positive expected return with a low correlation to the broad stock market," said Lee Partridge, Salient Chief Investment Officer in an interview with Opalesque. "We didn't want to be an S&P 500 replicator with some hedges, instead we wanted to be as uncorrelated as possible."

The fund tracks alternative betas, non-traditional market exposures based on chronic investor biases which can be used to generate potential return streams. Alternative betas, which include size, value, carry and momentum may provide pos......................

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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.