Bandon Capital Management has launched Bandon Absolute Return Core, a liquid, multi-strategy investment providing diversified alternative exposure in a single separate account, available to both accredited and non-accredited investors.
The strategy provides equal exposure to Bandon’s two single strategy liquid alternative investment approaches in a single account.
The two strategies are Bandon’s Directional Interest Rate Strategy, an active duration, absolute return strategy focused on US Treasury securities, and Bandon Hedged Equity strategy, a long-short equity strategy comprised of a concentrated, high-conviction long portfolio and a broad market hedge.
Like all Bandon strategies the Absolute Return Core strategy offers daily liquidity, low minimums (USD75,000), and 1099 tax reporting.
The strategy is offered predominately as a separately managed account, but is also available as a unified managed account and in sub-advisory relationships.
The strategy is available at most major custodians including Fidelity, TD Ameritrade, Pershing and Trust Company of America. It can also be accessed via unified managed account platforms including Placemark and Adhesion Wealth Solutions as well as a number of broker-dealers.
“It became clear to us that Advisors wanted one, all purpose alternative strategy in a convenient delivery vehicle, much the way a fund of hedge funds provides diversified alternative exposure to significantly larger investors. Given the diverse nature and low correlation of our two single strategies, they combine to provide compelling alternative exposure, while maintaining low correlation to traditional equity and fixed income benchmarks,” says Bill Woodruff, Bandon’s founder and president.
Exploiting the volatility premium through systematic strategies
With over $2bn in AUM just two years after launch, Empureon is leveraging volatility premiums, portfolio hedging and portable alpha to…
More
Alternative Views Ahmet Peker and Daniel Lucke
In Alternative Views Hedgeweek®,goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Ahmet…
More
Removing human bias from an concentrated market
Mast Investments outline how systematic investment processes seek to reduce behavioural biases while identifying opportunities created by…
More