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Implementing Active Management Strategies
Investment managers have been very busy developing new products to respond to plan sponsors’ needs for increased return. The speed with which they have moved is a direct reflection of their motivation – in the form of higher fees. One of the most recent trends in product development is the 130/30 flexible strategy. Is this a constrained hedge fund, an extension of long-only alpha or a truly unique way to get market exposure?
On January 9, Watson Wyatt hosted a web conference, “Implementing Active Management Strategies” to discuss the pro’s and con’s of the 130/30 flexible approach.
The presentation answered questions on shorting, leverage and product fees in a discussion on how these new active management strategies are being positioned as an "intermediate step to hedge funds."
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