| The think behind a real return product |
| Radio Feature Ten: Neal Kutner in conversation with Sona Blessing
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Wednesday, March 09, 2011
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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)
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The think behind a real return product
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Or listen to selected sub-features
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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
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Q2 - How and why the strategy fared well in 2008?
- The use of hedges
- Dynamic asset allocation
Duration: 02:29
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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
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