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Implementing Portable Alpha Strategies
Institutional investors who are facing moderate returns in today’s market combined with funding shortfalls are seeking investment strategies with a higher probability of meeting their liabilities. And in the drive for investment return, the range of investment strategies used by plan sponsors continues to expand.
The focus of a portable alpha strategy is on identifying and exploiting stable sources of excess return (alpha), and then pairing those sources with the market exposures that make the best fit for the pension program.
On June 6, Watson Wyatt hosted a web conference, “Implementing Portable Alpha Strategies,” to discuss where the market for portable alpha strategies is headed, how these approaches fit into a changing pension landscape, and what the practical issues are to consider when implementing these types of programs.
The presentation examined the creative application and practical execution of portable alpha strategies.
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