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Allstate's Vogt and Investcorp's Gurnani agree that managed accounts add consistent alpha


During periods of stress, for example in 2008, the positive return difference between portfolios focused on separate accounts and portfolios primarily invested in commingled funds can reach up to 10% per year. This is according to a new white paper authored by Christopher Vogt, portfolio manager for hedge funds at Allstate Investments, and Deepak Gurnani, chief investment officer and head of hedge funds at Investcorp.

Deepak Gurnani

Separate accounts are effective tools for protecting individual hedge fund investments and portfolios of hedge funds from these risks and the associated potential losses. The white paper, Separate