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Rating:New Accessor Fund Marks a Departure from Usual Approach
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Wednesday, January 30, 2008

New Accessor Fund Marks a Departure from Usual Approach

Reported by Erin Kello

Accessor Capital Management deviated from its usual approach with its new product. The Seattle-based manager-of-managers shop decided to not to hire a subadvisor for the Accessor Strategic Alternatives Fund, which launched today.

In an interview, senior investment officer Nathan Rowder told The MFWire that the firm's decision to manage the fund in-house followed an extensive search process.

According to Rowder, the potential subadvisors they interviewed planned to gain exposure to the fund's specific asset classes through equities. Accessor, he said, was looking for a more direct exposure, so the firm eventually opted to manage the new fund internally.  

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