CI Liquid Alternatives Get Warm Reception from Investors and Advisors

September 30, 2019 | Liquid Alternatives, News
https://dailyalts.com/wp-content/uploads/2019/09/55e6dc4b4a55af14ea898579ce203e7c1d22dfe05558784175287cd0_640.jpg

In the space of a mere ten months, assets at CI Investments’ liquid alternative funds have exceeded $1 billion.

Strategies that were earlier the domain of sophisticated hedge funds are now available to the everyday investor via a special kind of mutual fund. CI Liquid Alternative funds combine ‘alternative’ strategies with the on-tap liquidity of a mutual fund that can be bought or sold daily.

To uninitiated investors, the new liquid alternatives are a class of mutual funds with a difference. Imbued with ‘alternative’ strategies such as short selling, leverage, and derivatives, the icing on the cake is their ready liquidity. That’s because investors can buy or sell them on a daily basis.

CI Liquid Alternative Funds

CI Liquid Alternative Funds aim to change the status quo. “Since the 2008 Financial Crisis, asset classes have moved more in unison,” says the site. “While many high net worth and institutional investors have insulated their portfolios with alternative and real assets, many other investors haven’t had the same ability to do so.”

CI Liquid Alternative Funds bring hedge fund strategies within reach of the common investor. Attractive features include:

  • Strategies uncorrelated to stocks and bonds;
  • Low minimum of just $500; also,
  • Inexpensive vehicles that access ‘hedge-fund-like’ flexibility and diversification to boost returns

“Advisors are increasingly turning to liquid alternatives as a tool in building well-rounded investment portfolios for their clients,” said Kurt MacAlpine , CEO of CI Financial, parent company of CI.

CI Investments

Meanwhile, one of Canada’s biggest investment management companies, CI is a subsidiary of CI Financial Corp. (CIX.TO), a Canadian wealth management firm with $176.1 billion in assets as of August 31, 2019.

Further, CI’s liquid alternative funds have amassed AUM of over $10 billion within a space of ten months after launch. The funds available in this category are:

  • CI Lawrence Park Alternative Investment Grade Credit Fund – Corporate Bonds+alternative credit trading strategies
  • CI Marret Alternative Absolute Return Bond Fund and CI Marret Alternative Absolute Return Bond Fund (USD Hedged) – Fixed Income + market cycles
  • CI Munro Alternative Global Growth Fund – Global Fund + Thematic/Structural strategies

Finally, note that these are not a new asset class. Instead, they are a new kind of investing strategy to be used alongside existing positions as complementary funds.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Alt Insights

January 29, 2020

Venture Capital: The Kobe in “Bryant Stibel & Co”

Venture Capital: The Kobe in “Bryant Stibel & Co”
Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2020/04/57e8d14b4d50ac14f1dc8460c62c3e761c3dd6f85254794c7c2b78d4944a_640.jpg
Fintech: M&A In the Fintech Space Will Heat Up
April 3, 2020     FinTech, News

One of the clear winners, if there is such a thing of the current economic situation, will be fintech companies. And we can expect to see a wave of fintech…

https://dailyalts.com/wp-content/uploads/2020/04/57e6d64a435bac14f1dc8460c62c3e761c3dd6f85254794c7c2b79d0904b_640.jpg
REITS: Industrial Properties Look Promising On These Trends
April 3, 2020     News, Real Estate

Like most Real Estate Investment Trusts, the prices of industrial REITs have declined sharply in the coronavirus driven selloff in the equity markets. While there may be real concerns for…

Private Equity: Is Dave and Busters a PIPE Dream?
April 3, 2020     News, Private Equity

Dave and Busters (NASDAQ:PLAY) have been hard hit by the economic downturn. The restaurant and arcade company closed its stores across the United States. It furloughed at least 15,000 hourly…

https://dailyalts.com/wp-content/uploads/2020/04/57e8dc40435aa914f1dc8460c62c3e761c3dd6f85254794c7c2b7ad7914e_640.jpg
Real Estate: Blackstone Group Pulls Out of Oakland Deal for Upton Station Building
April 3, 2020     News, Real Estate

Blackstone Group (NYSE: BX) is pulling out of a deal to buy an office property in Oakland, California, for $400 million. Blackstone had planned to use funds from its non-traded…

Scroll to Top