With the rapid proliferation of 130/30 strategies or "short extension strategies," as Analytics Investors chief investment officer Dennis Bein prefers to call them, Old Mutual executives and their affiliates decided to hold a press conference to get reporters better acquainted with these investment vehicles.

Bein's reasoning for calling the strategies "short extension" is that they can take other forms than 130/30. Also, Bein disagrees with the moniker, "alternative strategies," as "short extension" strategies take advantage of traditional markets.

Besides Bein, speakers at the event in Manhattan's Four Seasons Hotel included Raymond Mui, portfolio manager at Acadian Asset Management, Chad Nelson, chief investment officer at Thomson, Horstmann & Bryant, Inc. and Mark Tyler, portfolio manager at Thompson, Siegel and Walmsley, LLC.

The press briefing focused on how short extension strategy portfolios are built, how their returns are maximized and quantitative versus fundamental approaches to managing the strategies. About 17 reporters attended the briefing.

The event was put together by fund industry PR firm Ben-Abraham Associates.  

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