Picking a good 130/30 fund manager
According to Lee Spelman, P.M. at JP Morgan, 130/30 strategies are more complicated than long-only one so that it is important to select a fund manager with “the appropriate infrastructure, including technological, compliance, legal, accounting, reporting and trading resources.” [citation: Lee Spelman, “130/30 Funds: the Long and the Short of It.” FT Mandate Magazine, June 2007]
