Mon, Sep 1, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius