Sun, Jul 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Morgan Creek launches daily liquidity alternative mutual fund for retail hedge fund clients

Tuesday, September 17, 2013

Precy Dumlao, Opalesque Asia:

Morgan Creek Capital Management is the latest fund manager to offer so-called hedged mutual fund business or a daily liquidity mutual fund to give its retail clients a taste of hedge fund.

In a press statement, Morgan Creek announced the launch of the Morgan Creek Tactical Allocation Fund, its first open end alternative mutual fund, featuring a broadly diversified global portfolio, actively managed utilizing a multi-asset class investment strategy with daily liquidity.

The fund will express Morgan Creek's views on global asset allocation through a number of asset classes including equities, fixed income, currencies, commodities and cash.

"Morgan Creek has been a leader in alternative investments for the past decade, and our team has over 20 years of collective experience dynamically allocating capital across multiple asset classes and investment strategies," said Mark W. Yusko, Chief Investment Officer of Morgan Creek. "Investors in the Tactical Allocation Fund may benefit from a flexible investment approach designed with the goal of capitalizing on uncorrelated investment strategies that seek to dampen portfolio volatility and reduce risks. We believe offering this 1940 Act fund will allow a greater set of investors access to the same......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe