RT Journal Article
SR Electronic
T1 Considerations in Assessing Limited Long/Short Strategies
JF Special Issues
FD Institutional Investor Journals
SP 130
OP 136
VO 2008
IS 1
A1 Matt Dymtryszyn
A1 John Forrest
A1 Paul Kreiselmaier
YR 2008
UL https://pm-research.com/content/2008/1/130.abstract
AB Limited long/short, or 130/30 strategies, have become popular products among institutional investors the past few years. The underlying strategy enables a manager to hold a limited portfolio of short positions to complement a portfolio of long positions. The first products to emerge were quantitatively based, but more recently, fundamentally based products have entered the market place. What is it that makes these products attractive? Why are so many institutional investors talking about them and so many investment managers seeking to include them in their product line-ups? In this article, the authors shed some light on the allure of limited long/short strategies. Drawing on their experience researching these products for Russell's multi-manager funds and institutional clients, the authors offer their perspectives and guide investors and investment managers through the range of issues associated with these products.