Hedge Funds

Merrill forum addresses hedge fund product innovation


More than one hundred investors from funds of funds, family offices and institutions had the opportunity to discuss innovative hedge fund offerings at a forum hosted by Merrill Lynch in New York last week.

The conference, entitled "Innovations in Hedge Fund Asset Management," focused on four key themes: passive alternatives, portable alpha strategies, 130/30 strategies and collateralized fund obligations.

"The industry is at an inflection point," said Eamon Heavey, director of capital introduction for Merrill. "No longer is the standard vanilla investment product applicable to the entire investment universe. Investors today are seeking more customized products that meet their