Fri, Oct 31, 2014
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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some