Tue, Feb 21, 2017
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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed