Overlay strategy

Overlay strategy

A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers.

Overlay Strategy

The practice in which a money manager keeps track of all of an investor's accounts and the securities contained in them in order to prevent duplication, overexposure, or other unnecessary risks. An overlay strategy is believed to be more efficient when one has multiple brokerage accounts and helps one accomplish his/her overall investment goals, not just the ones of a particular account.
References in periodicals archive ?
It invests in US listed preferred securities, utilising leverage and implementing an option overlay strategy.
Virtus Investment Partners has announced it has appointed Rampart Investment Management as an additional investment subadviser to manage the existing options overlay strategy on three closed-end funds, the company said.
Mike Hodgson, Head of Risk Managed Investments & Structuring, will be responsible for managing the portfolio including the call option overlay strategy and will be supported by a team of four dedicated structured investment managers.
A paper written by Brian Roberts, senior consultant at NEPC LLC in Boston, says one of the benefits of a derivative overlay strategy specific to pension plans is interest rate hedging.
Arizona's assistant CIO Dave Underwood told IndexUniverse.com the ETFs act as an overlay strategy on the fund's total equity portfolio.
With Revit[]Connect, the internal user network stays "internal." This workflow overlay strategy produces a secure, dedicated, high-performance work environment for better results, fewer bottlenecks and greatly reduced network lag.
The engineering firm, Hodges and Shutt (now Shutt, Moen and Associates) recommended a new overlay strategy for the runway.
An exchange-traded fund (ETF), PFFA is incorporated in the USA and seeks to invest in US listed preferred securities, using leverage and implementing an option overlay strategy.
The fund aims to provide risk-adjusted total return relative to the CBOE S&P 500 BuyWrite Index (BXMSM) by utilizing an actively managed options overlay strategy on the underlying exchange traded index fund.
In order to more fully hedge and build out LDI from there, there are two doors open: (1) include more long duration bonds as a percent of the total asset pool, or (2) add an overlay strategy using derivatives.
A diversified closed-end fund, ZTR seeks to generate total return, consisting of capital appreciation and income, and it also pursues an options overlay strategy that seeks to generate additional income.
The fund also pursues an options overlay strategy that seeks to generate additional income.