Liongate exercises its pulling power through portfolio engineering
Mon Apr 6, 2009
Gone are the days of fund of funds models based on the big guns. According to Liongate's co-founder, Randall Dillard, the way forward lies in assessing the liquidity and real substance of portfolios
Gone are the days of fund of funds models based on the big
guns. According to Liongate's co-founder, Randall Dillard, the
way forward lies in assessing the liquidity and real substance
By Claire Makin
Growth stalled or reversed last year for most fund of funds
management firms, as investors fled to the safety of cash. But
amid the turmoil, Liongate Capital Management attracted more
than a net $1 billion in 2008, nearly doubling assets under
management to $2.7 billion at year end, despite fourth-quarter
redemptions. What's more, these inflows came from the coveted
category of institutional investors with 'sticky money', such
as pension funds, insurance companies and sovereign wealth
funds, according to chief investment officer Randall Dillard,
who co-founded London-based Liongate in 2003 together with Jeff
Randall Dillard and Jeff Holland
One of Liongate's biggest attractions is its active top-down
investment approach, which institutional investors...
ISSN: 2151-1845 / CDC10004H
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