Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • PA Reports
  • Submit an article
  • More
    • About JAI
    • Editorial Board
    • Published Ahead of Print (PAP)
  • CAIA Member Login
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Subscribe Now
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Alternative Investments
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Subscribe Now
  • Log in
The Journal of Alternative Investments

The Journal of Alternative Investments

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • PA Reports
  • Submit an article
  • More
    • About JAI
    • Editorial Board
    • Published Ahead of Print (PAP)
  • CAIA Member Login
  • LinkedIn
  • Twitter
Article

Asset Class and Strategy Investment Tracking Based Approaches

Garry B. Crowder, Hossein Kazemi and Thomas Schneeweis
The Journal of Alternative Investments Winter 2011, 13 (3) 81-101; DOI: https://doi.org/10.3905/jai.2011.13.3.081
Garry B. Crowder
is managing partner of Traxis Strategic Asset Management Advisors, LLC and managing partner of Cortland Advisory Group, LLC in Washington, DC.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: garry.crowder@gcrowder.com
Hossein Kazemi
is a professor of finance at the Isenberg School of Management, University of Massachusetts in Amherst, MA.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: kazemi@som.umass.edu
Thomas Schneeweis
is the Michael and Cheryl Philipp Professor of Finance at the Isenberg School of Management, University of Massachusetts in Amherst, MA.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: schneeweis@alternativeanalytics.com
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.
Don’t have access? Sign up today to begin your trial to the PMR platform 

Abstract

In recent years, there has been a dramatic increase in the number of systematic algorithmic products that attempt to capture the risk and return of a particular asset class or fund strategy. These products may be stand-alone investments created to provide direct “replication” (e.g., almost identical securities) of a comparison benchmark or they may be constructed expressly to “track” (e.g., similar but not identical securities) an existing non-investable or investable benchmark. Various approaches exist in the creation of these tracker products. In this article, the authors review alternative approaches to the creation of investment trackers. The authors concentrate on the underlying rationale for fund tracker products, the alternative approaches often employed to create such products, and practical concerns related to strategy or fund tracking based products. They also provide a brief review of the performance of existing tracker products as well as examples of tracker products use in multi-asset allocation.

  • © 2011 Pageant Media Ltd
View Full Text

Don’t have access? Register today to begin unrestricted access to our database of research.

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Alternative Investments: 13 (3)
The Journal of Alternative Investments
Vol. 13, Issue 3
Winter 2011
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Alternative Investments.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Asset Class and Strategy Investment Tracking Based Approaches
(Your Name) has sent you a message from The Journal of Alternative Investments
(Your Name) thought you would like to see the The Journal of Alternative Investments web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Asset Class and Strategy Investment Tracking Based Approaches
Garry B. Crowder, Hossein Kazemi, Thomas Schneeweis
The Journal of Alternative Investments Dec 2010, 13 (3) 81-101; DOI: 10.3905/jai.2011.13.3.081

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Asset Class and Strategy Investment Tracking Based Approaches
Garry B. Crowder, Hossein Kazemi, Thomas Schneeweis
The Journal of Alternative Investments Dec 2010, 13 (3) 81-101; DOI: 10.3905/jai.2011.13.3.081
del.icio.us logo Digg logo Reddit logo Twitter logo CiteULike logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • INVESTMENT TRACKERS AND ASSET ALLOCATION
    • THE CASE FOR MANAGER/STRATEGY TRACKING
    • SAMPLE PERFORMANCE OF TRACKER PRODUCT
    • BENEFITS OF TRACKING STRATEGY/REPLICATION PRODUCTS
    • THE APPLICATIONS OF REPLICATION/TRACKER PRODUCTS
    • REAL WORLD ISSUES
    • OVERVIEW AND LIMITATIONS OF THE EXISTING ASSET ALLOCATION PROCESS
    • ENDNOTES
    • REFERENCES
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • Editor’s Letter
  • Practical Applications of Real Estate Returns
  • Practical Applications of Value Investing for Commodities
Show more Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 13 1600
 
NEW YORK
41 Madison Avenue, 20th Floor, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2021 Pageant Media Ltd | All Rights Reserved | ISSN: 1520-3255 | E-ISSN: 2168-8435

  • Site Map
  • Terms & Conditions
  • Privacy Policy
  • Cookies