http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/comment-page-1/#comment-11787 allaboutalpha.com: Welcome to AllAboutAlpha.com Tue, 19 Jun 2007 00:45:06 +0000 http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/#comment-11787 [...] Opalesque’s Matthias Knab reported from Hedge Fund Investments Japan IQ 2007 in Tokyo last week about comments from BGI’s Stan Beckers on alpha/beta bifurcation. Â His alpha-centric views echo those of his boss Blake Grossman (see related posting). Â Reports Knab: “At a hedge fund conference in Tokyo this week, Stan Beckers, Managing Director and Head of Alpha Management Group at Barclays Global Investors, said the new 130/30 is a ‘first step leading to a decomposition of the current asset management practices.’  Even today, most alternative products would come as ‘pre-packaged combinations of beta and alpha. Why?’, he asked, should investors continue to purchase these products at inflated prices ‘when you can buy them separately’, he said in a session dedicated to Portable Alpha.” [...] [...] Opalesque’s Matthias Knab reported from Hedge Fund Investments Japan IQ 2007 in Tokyo last week about comments from BGI’s Stan Beckers on alpha/beta bifurcation. Â His alpha-centric views echo those of his boss Blake Grossman (see related posting). Â Reports Knab: “At a hedge fund conference in Tokyo this week, Stan Beckers, Managing Director and Head of Alpha Management Group at Barclays Global Investors, said the new 130/30 is a ‘first step leading to a decomposition of the current asset management practices.’  Even today, most alternative products would come as ‘pre-packaged combinations of beta and alpha. Why?’, he asked, should investors continue to purchase these products at inflated prices ‘when you can buy them separately’, he said in a session dedicated to Portable Alpha.” [...]

]]> http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/comment-page-1/#comment-3266 allaboutalpha.com: Welcome to AllAboutAlpha.com Fri, 20 Apr 2007 13:14:17 +0000 http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/#comment-3266 [...] As we’ve reported here before, it seems BGI has its sights set beyond beta. In November, Blake Grossman, BGI CEO told FT of the “artificial distinction between hedge funds and long-only funds”. Said Grossman: “The notion that there is a traditional way of investing that is long only, and then there is hedge funds, is crazy. We’re seeing real convergence. We’re getting mandates to employ some degree of short-selling, some degree of derivatives . . . If you look out five years, there will be much less of a divide between what’s considered a hedge fund and what’s considered a traditional strategy.” [...] [...] As we’ve reported here before, it seems BGI has its sights set beyond beta. In November, Blake Grossman, BGI CEO told FT of the “artificial distinction between hedge funds and long-only funds”. Said Grossman: “The notion that there is a traditional way of investing that is long only, and then there is hedge funds, is crazy. We’re seeing real convergence. We’re getting mandates to employ some degree of short-selling, some degree of derivatives . . . If you look out five years, there will be much less of a divide between what’s considered a hedge fund and what’s considered a traditional strategy.” [...]

]]> http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/comment-page-1/#comment-3264 allaboutalpha.com: Welcome to AllAboutAlpha.com Fri, 20 Apr 2007 13:11:34 +0000 http://allaboutalpha.com/blog/2006/11/09/bgi-ceo-tells-ft-about-artificial-distinction-between-hedge-and-long-only/#comment-3264 [...] Hedge funds are the quintessential actively managed funds.  In November, Blake Grossman, CEO of BGI told the Financial Times: “The notion that there is a traditional way of investing that is long only, and then there is hedge funds, is crazy. We’re seeing real convergence. We’re getting mandates to employ some degree of short-selling, some degree of derivatives . . . If you look out five years, there will be much less of a divide between what’s considered a hedge fund and what’s considered a traditional strategy.” [...] [...] Hedge funds are the quintessential actively managed funds.  In November, Blake Grossman, CEO of BGI told the Financial Times: “The notion that there is a traditional way of investing that is long only, and then there is hedge funds, is crazy. We’re seeing real convergence. We’re getting mandates to employ some degree of short-selling, some degree of derivatives . . . If you look out five years, there will be much less of a divide between what’s considered a hedge fund and what’s considered a traditional strategy.” [...]

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