Alternative Mutual Funds

Performance Drag in Alternative Multi-manager Mutual Funds

May 5th, 2014 | Filed under: Alternative Mutual Funds, Hedge Fund Industry Trends, Hedge Fund Strategies, Institutional Investing, Performance, Analytics & Metrics, Retail Investing, Timely Research, Today's Post

Guest columnists Andrew Beer and Michael Weinberg look at the opportunities that lie in the largely untapped alternative mutual fund markets.


Converting to the ’40 Act and a Checklist

Mar 4th, 2014 | Filed under: Alternative Mutual Funds, Hedge Fund Industry Trends, Investment Management Fees, Retail Investing, Today's Post

Why convert a hedge fund to a mutual fund instead of establishing a stand-alone vehicle available to retail investors that could invest alongside the existing hedge fund?


Deloitte to Hedge Funds: Emulate the Agility of a Skier

Feb 10th, 2014 | Filed under: Alpha Strategies, Alternative Mutual Funds, Hedge Fund Industry Trends, Hedge Fund Strategies, Institutional Investing, Performance, Analytics & Metrics, Risk management, Today's Post

Deloitte's pie graphs emphasize the degree to which both hedge funds and PE vehicles have become dependent upon institutions in general, and detached from the retail market. But Deloitte says that 2014 "will likely see additional efforts by alternative fund managers to engage the retail investor base by taking their alternative investment strategies mainstream."


Alternatives and Thailand’s Infrastructure

Jan 14th, 2014 | Filed under: Alternative Mutual Funds, Emerging markets, Infrastructure, Today's Post

Despite the uncertainties generated by contemporary politics, Cerulli is convinced that "investing in alternatives such as property and infrastructure funds should remain a major theme in the Thai mutual fund space in 2014."


Alternative Mutual Funds: Suppliers and Shortcuts

Oct 16th, 2013 | Filed under: Alternative Mutual Funds, Today's Post

Cerulli acknowledges that buying an existing boutique, as a way in which an established long-only mutual fund manager might start offering alternative products, is quicker than is the build-from-within approach. But the M-and-A shortcut ought to come with a warning.


Moving Into the 40 Act Space: An Offer of Assistance

Aug 8th, 2013 | Filed under: Alpha Seekers, Alpha Strategies, Alternative Mutual Funds, Hedge Fund Industry Trends, Investment Management Fees, Retail Investing, Today's Post

Citi Prime's report has in mind specifically the situation of hedge fund firms that are interested in expanding into the public-offerings space. They have to keep in mind that they'll have a completely different investing audience from that of the QIPs and institutions to which they are accustomed.


Insider Trading and Redemptions: The 7th Circuit Speaks

Jul 28th, 2013 | Filed under: Alternative Mutual Funds, Legislation/Court rulings, Regulatory, Today's Post

According to a new 7th Circuit decision, there is a sharp distinction between insider trading in corporate shares on the one hand, and the redemption of fund shares on the other, at least with regard to the traditional theory of such trades.


A Third Wave of Alt-Industry Growth is Upon Us

Jun 30th, 2013 | Filed under: Alpha Strategies, Alternative Mutual Funds, Hedge Fund Industry Trends, Retail Investing, Today's Post

Private fund managers who want to be part of this wave, who hope to compete for the retail investment market with their absolute-return and non-correlation toolkit, shouldn’t think it is going to be easy. One of the sections of the SEI report is headed “understanding the hurdles.”


On Mutual Funds, Alternative Strategies, and Waterfalls

Feb 19th, 2013 | Filed under: 130/30, Alternative Mutual Funds, Today's Post

John Siciliano, managing director at PricewaterhouseCoopers, updated me on the state of retailization/convergence from the point of view of the mutual fund firm managements with whom he has conferred of late.


Alpha Hunter Bandon Capital: Alpha for the Small Investor

Dec 19th, 2011 | Filed under: Alpha Hunters, Alpha Strategies, Alternative Mutual Funds, Hedge Fund Industry Trends, Retail Investing, Today's Post

Bandon Capital's managing directors believe it is possible to generate alpha from unique non-market sources, and that they do so through their forecasts of domestic and overseas sovereign interest rates.


‘What Was That You Said…? Retail?’ Just Call it ‘Convergence’

Dec 4th, 2011 | Filed under: Alpha Strategies, Alternative Mutual Funds, Hedge Fund Industry Trends, Hedge Fund Strategies, Retail Investing, Today's Post

A new study from SEI shows If an alternative strategy can be offered in a mutual fund structure it has a much broader market opportunity than if not. Hedge fund managers want the mutual fund market just as mutual fund managers want to use the broader hedge fund range of strategies.


Alpha Hunter John Brynjolfsson: The Hidden Risks of Inflation

Jul 21st, 2011 | Filed under: Alpha Hunters, Alternative Mutual Funds, Commodities, Editor's Pick, Hedge Fund Industry Trends, Institutional Investing, Retail Investing, Today's Post

This is the first of a new series called "Alpha Hunters." The nimble qualities of alternative investments is part of what makes them essential to every investor's portfolio. They can move quickly to take advantage of market inefficiencies and go where other more traditional investment vehicles cannot. It is in the spirit of seeking the ever-moving alpha that we introduce this series, reaching out to experts in different strategies to see where they are finding alpha. We hope you find this series illuminating and please feel free to send suggestions for Alpha Hunters you'd like to read about. Kristin Fox Managing Editor


Yes, Pigs Do Fly!

May 17th, 2011 | Filed under: Alternative Mutual Funds, Retail Investing, Today's Post

Ten years ago, the prevailing thought was that pigs would fly before alternative investments became a mainstream staple for investment advisers. According to the latest research from Cerulli, it’s time for air traffic controllers to wake up because they’re going to have to integrate Dreamliner-sized porkers into flight patterns and guide them into safe landings […]