Separately Managed Accounts

Separately Managed Accounts are important for both wealth advisors and their clients and for the institutional investor. SMAs for the institutional investor provide a level of transparency and control that investments in traditional limited partnership products may not, while SMAs for the wealth advisor’s client provide access to a variety of strategies the investor may not otherwise access. For portfolio model-makers LHA SMAs provide access to a variety of alternative strategies that may fill specific voids in an overall model…from offering diversification, to tail-risk management, or simply presenting a non-correlated alpha engine.

Generally, “alpha” refers to the excess return of an investment relative to the return of a benchmark index.
*TCM is Thompson Management Capital LLC, a subsidiary of Little Harbor Advisors, LLC

We believe that managing beta is a good source of alpha.