Bringing you live news and features since 2006 

Ramius names head of liquid alternative products

RELATED TOPICS​

Ramius has appointed Bradley Sussman as managing director and head of liquid alternative products.

In his role, Sussman will be responsible for the firm's mutual fund platform and growing its suite of liquid alternative products.
 
Sussman is a managing director, hedge fund strategist at Merrill Lynch where he has been a member of the investment committee for alternative investments and head of non-traditional mutual fund due diligence.
 
Michael Singer, chief executive officer of Ramius, says: "Brad, a veteran in the alternatives space who has spent his career constructing and overseeing portfolios of hedge funds and more recently leading the sourcing and diligence of alternative mutual funds, is uniquely qualified to lead our liquid alternatives business. He has been at the forefront of the movement to offer contemporary liquid alternative strategies to retail and mass affluent investors, products historically in the domain of sophisticated institutional investors only. Brad's mandate will be to develop bolt on products to existing firm investment capabilities and onboard talented investment teams in order to deliver to the market the right liquid products in the right space managed by the right teams."
 
Ramius' numerous liquid alternative products include the recently launched Ramius Event Driven Equity Fund, which provides exposure to a broad spectrum of transformative corporative events with a core focus on following shareholder activism.
 
"As a broader universe of investors begin to allocate meaningful assets to daily liquid alternative strategies, it is crucial that those who understand these underlying strategies best offer top quality products to this marketplace. With two decades of expertise in alternatives, Ramius has been a leader in sourcing skilled investment teams, developing innovative products and bringing these capabilities and solutions to all investors. There is a tremendous opportunity for the firm to educate investors and create access to these liquid products, and I am very pleased to be joining Ramius at this exciting time," says Sussman.
 
According to Morningstar, and Barron's fifth annual national survey regarding alternative investments among institutions and financial advisors published in June 2013, liquid alternative products have grown significantly in recent years. The survey found that many investors are recognising that alternative mutual funds are a unique tool to diversify portfolios, and that more financial advisors are incorporating liquid investments into client portfolios. The survey noted that "mutual funds are becoming the dominant vehicle used by both advisors and institutions to access the majority of alternative strategies."
 
Regarding alternatives more broadly, the survey found that only four per cent of advisors said their typical client had no money in alternative investments, down from 17 per cent in the 2008 survey.

Latest News

Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..
Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms reveals that the Tradeweb European ETF marketplace reached..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by