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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