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

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

Rating:Hedge Fund Threat to Mutual Funds Comes from an Unexpected Direction Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, January 16, 2009

Hedge Fund Threat to Mutual Funds Comes from an Unexpected Direction

News summary by MFWire's editors

A hedge fund meltdown would be expected to be good news for mutual fund firms seeking to avoid competition, but that may not be so. Instead, hedgers seeking survival are starting to enter mutual funds' own backyard, reports the WSJ Fund Track column.

While the column nominally focuses on AQR Capital Management's preparation to launch a new family of three mutual funds based on its hedge fund investment strategies, it contains a warning.

Jefferies Putnam Lovell analyst Aaron Dorr points out that hedge funds are seeking to diversify their products in order to survive.

According to the WSJ:
AQR's move comes at a time when the hedge-fund industry is grappling with losses and investor redemptions. More hedge funds could follow AQR to gain a foothold in the mutual-fund world, which offers relatively stable assets, albeit with lower fees.
Greenwhich, Connecticut-based AQR -- which is launching a diversified arbitrage fund today and a global and international fund in February -- could be just the first hedger to make the jump. (The launch of AQR's funds was first reported earlier this week: see MFWire, 1/14/2009).

The article makes no mention of AQR's distribution strategies, whether the funds will carry loads or who will be responsible for the mutual fund business. 

Edited by: Sean Hanna, Editor in Chief

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

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use