For Whom the Barbell Tolls

Barclays Global Investors promises to rack up big returns for its institutional clients by offering passive index products alongside hedge funds. Now comes the mheavy lifting.

When Blake Grossman, then head of active investment management at indexing giant Barclays Global Investors, started talking to clients about using long-short hedge fund strategies in 1996, he was met with polite indifference. Grossman, now the San Franciscobased co-CEO of BGI, the world’s biggest institutional money manager, recalls those pioneering marketing efforts with a grin.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related