Barbara Nadel

Beachhead Makes the Case for Solving Major Limitations of Equity Long/Short Investing

PRESS RELEASE (New York, July 18, 2017) – Beachhead Capital Management (“Beachhead”), an innovative alternative investment manager, announced the release of a new report:  Rethinking Equity Long/Short:  How to Solve Poor Performance, Excessive Fees and Blow Up Risk. This timely report breaks down the issues with how retail investors added equity long/short strategies to their portfolios post-crisis.  In particular, the report examines the difficulty of picking winners in the space, and highlights that individual funds are far riskier than most allocators realize.  These issues, combined with a tendency of retail investors to select a single fund per asset allocation bucket, …

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FundFire Interview with Andrew Beer: “Liquid Alts Face ‘Major Reset’ Ahead”

In this interview with Lydia Tomkiw, Andrew Beer describes the issues liquid alternatives currently face and explains how generation two liquid alternatives product offer a solution. Synopsis from FundFire Alts: Many hedge fund managers have avoided the liquid alternatives space out of fear of cannibalizing their high-fee core business, says Andrew Beer, managing partner and co-portfolio manager of dynamic beta at Beachhead Capital Management. FundFire subscribers click here to access the full video, or contact us for additional information.  

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Generation Two Liquid Alts – A Two Part Series in WealthManagement.com

Andrew Beer’s recent two part series in WealthManagement.com provides an insightful look at the evolution of liquid alternatives and describes in detail how the shortcomings of “Generation One” liquid alternatives have paved the way for “Generation Two” products to deliver on the promise of their predecessor.   Part I:  Generation One Liquid Alts: Three Problems Part II: Generation Two Liquid Alts: Replication-Based Strategies

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Pensions & Investments: Liquid alternatives – 2.0

Included below is Andrew Beer’s most recent article in P&I, which was featured in the Industry Voices section: Liquid alternatives – 2.0 Excerpt: Liquid alternatives are broadly defined as strategies that are available in registered funds (mutual funds, exchange-traded funds and UCITs) that seek to provide investors with diversification benefits and downside protection. Following the financial crisis, liquid alternative funds grew rapidly as more allocators sought to introduce sophisticated portfolio construction methodologies across portfolios. In recent years, however, growth has slowed as many early adopters expressed frustration that performance had failed to match expectations. In retrospect, these first generation liquid …

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‘Liquid Alts’ Needs to Go: Managers

Ignites article by Grace Jennings-Edquist with quote from Andrew Beer Liquid alternatives may be ripe for rebranding. Excerpt: The once-hyped product type has become associated with high fees and vague definitions, and avoiding the phrase “liquid alts” altogether might be the best option to help resuscitate sales, according to asset managers who have taken issue with the moniker. …New York–based Goldman Sachs Asset Management recently suggested recategorizing liquid alternatives into groups that align with hedge fund classifications. Those five categories are equity long/short, event-driven, relative value, multi-strategy and tactical trading/macro, the firm stated in a report on the topic. That …

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Beachhead Capital Nominated Twice at Investors Choice Awards

 (New York, 23 March 2017) – Beachhead Capital Management, LLC (“Beachhead”), an investment advisory firm that specializes in liquid alternative investments, is pleased to announce that its Managed Futures Dynamic Beta and Stable Return Dynamic Beta strategies have been nominated in their respective categories at the Investors Choice Awards 2017. The annual Investors Choice Awards honor fund managers that have achieved outstanding risk-adjusted absolute returns during the preceding calendar year.  Fund managers from around the world are considered for the awards by some of the most distinguished institutional investors in the industry. The judges apply a holistic approach to the …

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FundFire: Three Myths about Hedge Funds and the Replicator Challenge

The performance of hedge fund replication has exposed three myths about hedge funds, writes Andrew Beer of Beachhead Capital. Excerpt: Myths die hard. Ten years ago, well-respected researchers concluded that simple, low cost replication-based portfolios could match or outperform illiquid, high cost hedge funds. On cue, legions of funds of funds managers and consultants whose jobs depend on selling “mysterious and opaque” hedge funds leaped to the defense of their products. Well, a decade later, the data is in, and the critics were wrong. The performance of hedge fund replication exposed three myths about hedge funds: 1. Hedge funds are …

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Beachhead Capital Management’s Equity Hedge Dynamic Beta LO Strategy Selected for the SMArt Xchange

For Immediate Release Press Release–New York, NY. February, 28, 2017 — Beachhead Capital Management’s (“Beachhead”) long only, ETF-based, model-delivery Equity Hedge Dynamic Beta investment strategy has been selected for inclusion on the SMArt Xchange (‘SMArtX’), a collaboration between HedgeCoVest LLC and SS&C Advent, part of SS&C Technologies (NASDAQ:  SSCI). SMArtX is a next generation unified managed accounts platform open exclusively to clients of SS&C Advent.  SMArtX combines HedgeCoVest’s proprietary trading and managed accounts technology with SS&C Advent’s powerful suite of tools for wealth advisors.  This proprietary trading technology will enable SS&C’s client base of advisors using Axys ®, APX, or Black Diamond …

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Beachhead Capital Management’s Dynamic Beta Strategies Added to Mercury iFunds™ Digital Platform for Alternatives

Press Release–New York, NY., Feb. 14, 2017 — Beachhead Capital Management’s (Beachhead) Equity Hedge Dynamic Beta and Managed Futures Dynamic Beta strategies have been selected for inclusion on the Mercury iFunds™ platform, a state of the art, end-to-end digital solution with a broad range of alternatives products across the liquidity spectrum. “We are very proud to partner with Mercury and the iFunds™ platform. This will enable a broader range of advisors to access our low cost, liquid alternative investments strategies,” said Andrew Beer, Managing Partner of Beachhead.  “Our collaboration addresses investor demand for prudent diversification without high fees and illiquidity.” Beachhead’s Equity Hedge Dynamic Beta and Managed Futures Dynamic Beta strategies …

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Hedge fund investors apply core-satellite

Link to P&I article with a quote from Andrew Beer Strategy an answer to issue of higher fees for mediocre performance by Christine Williamson — February 6, 2017 Excerpt: Institutional investors are beginning to dramatically restructure their hedge fund portfolios, pairing a core allocation of cheaper alternative beta investment strategies with a satellite portfolio of alpha-generating hedge funds. The trend is nascent but gradually gaining converts, attracting interest from asset owners fed up with paying hedge fund managers high fees for promised alpha that turns out to be market beta, observers said. Money managers and consultants report they’ve seen huge …

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