Sat, Jun 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gottex Management’s portable alpha equity strategy gains 39% in 2013

Tuesday, January 28, 2014

Komfie Manalo, Opalesque Asia:

Independent global alternative asset management group Gottex Fund Management Holdings Limited said that its key products generated positive returns for 2013 with its portable alpha S&P500 equity strategy gaining 39% for the year. The Penjing Asian strategy added 16%, while the alternative credit strategy posted a return of 8.5%. Both core market neutral strategies generated performance fees in the second half of 2013.

Gottex Chairman and CEO, Joachim Gottschalk commented, "We are very excited by the proposed merger with the EIM Group, which we believe will establish a platform for growth of the company. The combination of both firms will deepen and broaden our investment capabilities and enhance our global footprint. It increases our talent pool in all areas, which will allow us to offer enhanced investment and advisory solutions to existing and future clients."

Highlights of Gottex’s quarterly report showed:

  • Total fee-earning assets for the group were USD 5.3 billion compared to USD 5.8 billion at 30 September 2013, as a result of limited net outflows.
  • In recent weeks Gottex launched the Gottex Endowment Strategy Fund, a daily multi-asset mutual fund in the US, as well as a daily multi-asset UCITS fund in Europe, both in close co-operation with large platform partners.
  • The proposed merger (subject to approval of regulatory authorities and Gottex shareholders) betw......................

    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. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  2. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  3. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  4. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp

  5. CalPERS defines new private equity policy with more direct investments[more]

    Dr. Ashby Monk, the executive director of the Stanford Global Projects Center and one of the world's leading experts on design and governance for institutional investors, told the CalPERS Investment Committee: "Private equity is a tough business for funds - in large part because you need it