Wed, May 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Florida hedge fund III Associates celebrates 30 years, is optimistic for 2013

Friday, December 14, 2012

Bailey McCann, Opalesque New York:

Few hedge funds can say they've lasted 30 years, fewer still can say that they have lasted that long, and are seeing consistent investor interest. For Boca Raton-based III Associates, at 30 the future looks bright. III Associates, is a hedge fund that specializes in relative value portfolios in the global fixed income and credit markets with $2.1bn in assets under management. I spoke with Garth Friesen, co-CIO and Principal about where he sees the firm, and financial markets headed going into the new year.

As a firm, III Associates offers its clients including fund of funds and pension funds, with a targeted selection of innovative fixed income, credit, and tail risk products as well as individualized trading strategies. Friesen has been with the firm since 1998, and also currently serves on the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets.

Overall, 2012 was a positive year for III Associates, despite somewhat choppy markets. Given the firm's involvement in interest rates, fixed income, and credit, they were able to avoid many of the bad months seen by equities focused funds or CTAs. "For some reason, interest rates are still out of favor with investors, so the competition in this area is pretty small and that offers some good opportunities," Friesen notes. "We are active in the US and Japan, but not the emerging markets right now."

According to Friesen, one of the biggest drive......................

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: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  2. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  3. Institutions - Institutional investors turn to real estate, planes, Assets at Boston’s five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  4. Opalesque Exclusive: A lot of hedge fund investors are beginning to recognise the need for ongoing cyber threats monitoring[more]

    Benedicte Gravrand, Opalesque Geneva: Corporate Resolutions Inc. recently formed a strategic partnership with iThreat Cyber Group. The two companies have worked together for years, assisting clients when challenging

  5. Opalesque Exclusive: BMO launches multi-strat '40 act fund[more]

    Bailey McCann, Opalesque New York: As we reach new market highs, investors are looking for a way to diversify and protect their portfolios from a potential market correction. Liquid alternatives are rapidly gaining ground as a critical tool for investors to use to mitigate downside risk. The BMO

 

banner