Hedge fund manager Bandon Capital Management, LLC, has made it’s flagship investment strategy, DIRS - Directional Interest Rate Strategy - available to investment advisors through Adhesion’s WealthADV UMA platform.
The flagship strategy, celebrating it’s 5th year anniversary at the end of this month, seeks to provide investors with absolute returns, uncorrelated with the equity and fixed income markets by investing in the US Treasury Market using ETF’s or mutual funds and is available to non-accredited investors.
Bandon is focused on delivering the attractive investment characteristics of alternative investing – absolute returns with low correlations – to the mass affluent and small institutional investors while minimizing or eliminating many of the structural negatives including high minimums, high fees, long lock ups and lack of liquidity and transparency.
Bill Woodruff, Founder and Managing Principal said “every day we hear from advisors sharing the frustration of their clients, whose account balances have been decimated and are not yet reflecting the economic recovery they keep hearing about. Increasingly, advisors are recognizing the benefit of allocating a portion of their portfolio to absolute return strategies - just like large institutional and ultra HNW investors – and are knocking on our door. We could not be more pleased with the opportunity to be included on the Adhesion platform which has many benefits including an open custody approach that enables advisors and their clients to access Bandon’s strategies through Schwab Institutional, Fidelity, TD Ameritrade and Pershing”.
Michael Stier, President and CEO of Adhesion said “We continue to see increasing demand for absolute return oriented, non market correlated strategies from our advisors and their clients, and could not be more pleased to have one of the leaders in this emerging area, join our platform”.
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