Combined strategy delivers for SSARIS as other diversification models unravel
Fri Feb 6, 2009
SSARIS Advisors plays off convergent and divergent strategies in its portfolios to deliver smooth returns over a full market cycle. Tellingly, its approach has held up during the market's grimmest months
SSARIS Advisors plays off convergent and divergent
strategies in its portfolios to deliver smooth returns over a
full market cycle. Tellingly, its approach has held up during
the market's grimmest months
By Claire Makin
After a year when most fund of funds managers watched in
horror as their carefully devised diversification strategies
came unravelled, SSARIS Advisors is one of very few whose
models have delivered.
Brian Chung, Mark Rosenberg and Andy Fisch
SSARIS, the hedge fund advisory arm of asset management giant
State Street Global Advisors in the US, follows a deceptively
simple approach to diversification that it says has sometimes
been hard to sell to prospective clients.
But last year they changed their minds. Against a background
of crashing markets and a fall of more than 16% for the
InvestHedge fund of hedge funds median, all four of SSARIS's
key strategies either made money or significantly outperformed
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active InvestHedge subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to InvestHedge.
Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.