Mon, Jul 23, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Alignvest IM wants to make individual portfolios look more like a pension

Monday, February 12, 2018

Bailey McCann, Opalesque New York:

When Don Raymond was at the Canada Pension Plan Investment Board (CPPIB) he pioneered a total portfolio style of investing that was global, diversified and designed to work over the long-term. Raymond took that view with him to Toronto-based Alignvest when he left CPPIB in 2014. At the Cayman Alternative Investment Summit, Raymond caught up with Opalesque to discuss what he's working on now.

Opalesque: So, you've been with Alignvest for almost four years. What are you working on now?

DR: I'm excited about the work I'm doing with Alignvest Investment Management. We are creating multi-asset portfolio solutions for high net worth portfolios and accredited investors. The idea builds on what I started with CPPIB. So, the view is similar to what you see at CPPIB and other pensions - diversified investments, global in nature. We are also working on a product that mimics private equity type returns, but that is liquid and invests in listed companies.

Opalesque: Are you able to maintain your investment principles with smaller portfolios or is this a slightly diluted version of what you did at CPPIB?

DR: No dilution. Actually, what's been interesting is we are able to invest in things that wouldn't have worked at CPPIB because they were too small for the pension. So in some ways, we've been able to get more diversification in the portfolio. That's been really exciting. ......................

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. Northern Trust combines private equity and hedge fund admin units[more]

    From GlobalCustodian: Northern Trust has merged its private equity and hedge fund administration businesses to create a new North America Alternative Fund Services unit. The new division will provide fund administration, accounting and data solutions to its global hedge funds, private equity manager

  2. 7 ETFs that act like a hedge fund[more]

    From US News: To say 2018 has been volatile for investors borders on understatement. The first quarter saw the CBOE Volatility Index spike. Stocks churned in Q2 as the Federal Reserve raised rates again and signaled continued tightening to come. And the third quarter is off to a choppy start, thanks

  3. Investing - Hedge funds circle around debt-binge firms, Hedge funds pin macro hopes more on U.S. yield[more]

    Hedge funds circle around debt-binge firms From Hedge funds and private equity firms are positioning to profit from the collapse of companies in Europe that have binged on debt. Investors have built up their distressed debt businesses by the most in at least two years in t

  4. Funds of hedge funds are opening at a record pace in China[more]

    From Bloomberg: An investment offering that most of the world has shunned is suddenly all the rage in China, and money managers from UBS Group AG to SkyBridge Capital are moving to grab a slice of the bounty. Funds of hedge funds, which allocate client money across multiple managers, are opening

  5. Preqin: Hedge funds take a dip in June[more]

    From Hedge funds tripped again in June, recording the asset class' third negative month, as gauged by the 2018 Preqin All-Strategies Hedge Fund benchmark. June saw a 0.5% loss for the benchmark, giving the standard its worst start to a year in more than a decade. That benchmark is barely