Hedge Funds

DGAM mixes a cocktail of idiosyncratic risks and good old hedge funds


Diversified Global Asset Management stocks up on tail hedging in its risk management arsenal

By Claire Makin

David Hay, George Main, Lindsay Holtz, Warren Wright, and Ryan Barry

Most fund of fund managers avoid innovative strategies on the grounds that they are too risky, and may have limits to growth. But Diversified Global Asset Management believes that risks may be responsibly managed if they are understood, and sees ample growth potential in the sector. “Most of these strategies are marginalised because they’re complex, not because they’re constrained,” says George Main, chief executive officer of the Toronto and New York-based firm.

For managers who can handle the complexity – and