Wed, May 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Family offices look for niche investments in the hunt for returns

Wednesday, May 21, 2014

amb
Ram Ahluwalia
Bailey McCann, Opalesque New York:

As hedge funds mature, the type of investments most managers are making these days are less risky and closer to institutional expectations of acceptable trading strategies. For family offices that aren't bound by public interest concerns, finding hedge fund managers that can bring niche strategies to bear in a portfolio are more appealing. In a recent Opalesque TV interview, Ram Ahluwalia, CFA, Portfolio Manager at family office Winged Foot Capital sat down with moderator Michael Oliver Weinberg to discuss where he finds opportunity in this market.

"We’re heavily invested in alternatives, but I don’t have a crystal ball. I look for managers that have a relative value exposure, that have tight nets operating in niche constrained markets," Ahluwalia says.

To that end, Winged Foot is predisposed to relative value managers and more specifically, relative value managers that are looking into sectors like Biotech or SmallCap equities.

Notably, Ahluwalia says of the 30 managers they are invested with they have zero equity long short managers, and zero global macro managers. "I think its very difficult to get a competitive advantage in the equity long short market. The competition is heavy, no one has a real edge - the same is true in global macro."

When it comes to evaluating opportunities and managers, he says he prefers to look at factors like ......................

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. 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

  2. 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

  3. 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

  4. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th

  5. Opalesque Exclusive: South Africa’s equity-centric hedge funds survive rough April in the black[more]

    Komfie Manalo, Opalesque Asia: Hedge funds serviced by Peregrine Holdings’ unit Peregrine Capital performed fairly well in April. The consecutive gains in March and April meant another step closer towards negating the cumulative losses sustai