Mon, Nov 30, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Radio

The think behind a real return product
Radio Feature Ten: Neal Kutner in conversation with Sona Blessing
Wednesday, March 09, 2011

radio In this radio feature Neal Kutner, managing director of BNY Mellon Asset Management's Swiss Representative Office (also responsible for business development in Switzerland, Austria, Liechtenstein and parts of Eastern Europe) tells us how the real return strategy was conceived and shares how and why it has been successful.

 Download this feature as MP3 (7.07 MB)

Listen to the complete feature
The think behind a real return product

Duration: 07:43 


Or listen to selected sub-features
  • Q1 - The strategy of a real return fund
    • The ability to generate real returns with very liquid strategies
    • Why pensions are interested in the returns that such strategies offer and in particular the returns that this strategy has achieved over the last 7 years

    Duration: 02:17 

  • Q2 - How and why the strategy fared well in 2008?
    • The use of hedges
    • Dynamic asset allocation

    Duration: 02:29 

  • Q3 - What does it cost to keep the hedges on?
    • The real return strategy does not seek to maximise returns - it seeks to minimise losses
    • Can it be customised - i.e. the ability to dial up the volume or the risk?
    • A segregated mandate could be considered
    • Currently they run USD ~5 billion

    Duration: 02:56 

Radio Link
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November