Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Carden Capital bets on volatility

Monday, April 17, 2017

Bailey McCann, Opalesque New York for New Managers:

Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all eyes seem to be on performance and price. The same is true for the liquid alternatives space, where investors have been underwhelmed with some product categories and are on the hunt for new sources of uncorrelated return in the mutual fund wrapper. While these trends are putting pressure on some active managers, California-based Carden Capital is taking advantage of investor interest in systematic strategies to talk to investors about volatility as an asset class.

Carden offers a handful of products ranging from a hedge fund strategy to a suite of liquid alternatives that blend volatility hedges with equities and fixed income. "We think that the traditional 60/40 portfolio model is a dying model," explains Scott Spangler, Senior Wealth Manager at Carden Capital. "Bonds have nowhere to go with interest rates where they are. Volatility is starting to get noticed as a diversifier and a provider of uncorrelated return."

The investment team at Carden has a background in private debt and quantitative hedge fund strategies, and they use those skill sets to inform their current approach. According to Gavan Duemke, Managing Partner at Carden, one of the things he noticed when he star......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1