The Future of Personal Finance
04/20/2010 1 comments
Barron's MFQ
SATURDAY, APRIL 10, 2010
ANDREW LO who runs MIT's Laboratory for Financial Engineering and manages advisor AlphaSimplex Group, is a respected architect of quantitative portfolio models that seek returns by avoiding the kinds of risks that, he believes, are bound to increase over time. Lo has teamed with Natixis Global Associates to create a new kind of passive mutual-fund vehicle to bring hedge-fund strategies to retail portfolios as small as $2,500.
This represents a significant trend in which hedge funds or quality wealth management strategies, once considered to be available to only few people and institutions, are becoming more and more accessible to mass investors.
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