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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.

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The think behind a real return product
Duration: 07:43  Play Audio logo

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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  Play Audio

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


    Duration: 02:29  Play Audio

  • 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  Play Audio


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