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 of portfolios

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 Holland.


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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