Sun, Apr 23, 2017
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. Opalesque Exclusive: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f