Thu, Jul 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

RWC Partners buys three activist hedge funds and investment teams from Hermes Focus

Wednesday, September 19, 2012

amb
Peter Harrison
Benedicte Gravrand, Opalesque Geneva: Three investment teams responsible for managing the Hermes Focus Funds will join RWC Partners, a $4.1bn hedge fund manager based in London, as of 1st October. These teams manage up to $800m for institutional clients. They will continue doing what they did, but the funds will be renamed the RWC Focus Funds. The heads of the teams will become Partners of RWC.

“The European Focus Fund, managed by Maarten Wildschut and Petteri Soininen, has generated returns of 111.5% since they assumed responsibility in early 2009, exceeding the European index return of 59.1%,” says the announcement. “The Specialist UK Focus Fund, managed by Paul Harrison, Nigel Davies and Phil Harris, has delivered 73.5% versus the index that has returned 51.1% over that period. The Japan Stewardship Fund is managed in collaboration with Nissay Asset Management, advised by Corinna Arnold and Michael Connors, and has generated annualised excess returns of 5.9% over three years and 3.8% over five years.”

Hermes Focus Asset Management is an activist hedge fund manager based in London. It ran a European fund, a UK fund, a Nissay Stewardship fund, and an ASEAN corporate fund. The latter has not moved to ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  3. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  4. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  5. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

 

banner