Posted on 07/03/07
For mutual fund industry, 130/30 is the new black
Institutional money managers are adding a new catch phrase to their vocabulary -- 130/30.It refers to an asset allocation strategy that is sweeping through the U.S. and gaining more traction in Canada. It is viewed as the most efficient means to tap the hedge fund market and maximize coveted "alpha," that is, performance or profit that exceeds a benchmark.
The full text of this article has 468 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
