Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Federated Offers S&P-Like Bond Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 29, 2005

Federated Offers S&P-Like Bond Fund

by: Sean Hanna, Editor in Chief

Federated Investors has launched a new mutual fund for institutional investors. The Market Plus Strategy is will use swaps and futures to replicate the return of the S&P 500 while investing in a short-duration fixed-income portfolio, said James M. Heaton, senior vice president, Federated Institutional Retirement Sales Division.

Heaton said that the strategy is intended to provide the opportunity for consistent outperformance over the S&P 500, while reducing volatility.

"Federated's Market Plus connects the alpha generated by the firm's Active Cash Broad Strategy to the market exposure achieved through derivative securities," Heaton said.

The strategy uses a short-duration bond portfolio based on Federated's Active Cash Broad Strategy to outperform the cost of funding the derivative position, typically the London Interbank Offered Rate (LIBOR), thereby separating alpha, or portfolio manager skill, from beta (market risk) via the portfolio management process.

Portfolio managers Christopher J. Smith and Donald T. Ellenberger will make multiple small, uncorrelated interest rate and credit bets with the goal of generating more yield than available from money market funds, according to Heaton.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use