Mon, Jan 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Finisterre Capital's Sovereign Debt Fund up 11.33% through November, manager Xavier Corin-Mick named partner

Tuesday, December 21, 2010
Opalesque Industry Update - With assets under management growing and its funds continuing to out-perform, emerging markets specialist Finisterre Capital has moved to appoint Xavier Corin-Mick as a partner in the firm.

Xavier joined Finisterre Capital in September 2008 in the midst of the liquidity crisis as portfolio manager for the Sovereign Debt Fund. He played an important role in protecting the Fund’s capital throughout the credit crunch. The Sovereign Debt Fund now has over $300 million in assets under management and has returned 11.33% to the end of November.

Last year the Fund produced a return of over 50% bringing the last three years returns to an annualized 14.51%.

Xavier was previously Managing Director, co-head of EM trading at Morgan Stanley. He started his career as an options trader at Indosuez Bank and went on to work in trading at Fortis Bank, DEPFA Bank and Lehman Brothers.

“We are very pleased at the growth Finisterre has enjoyed over the past year. The appointment of Xavier will further strengthen the partnership and put Finisterre in a strong position going into 2011,” said Paul Crean, Chief Investment Officer of Finisterre Capital.

About Finisterre Capital

Finisterre Capital LLP, founded in 2002, is an Emerging Markets specialist dedicated to delivering risk-controlled, total return investment strategies to the institutional marketplace. The firm manages Emerging Markets funds in a variety of asset classes, including sovereign debt, local currency debt, foreign exchange, corporate credit, special situations and equity.

Finisterre’s funds are all actively managed and include the Sovereign Debt Fund, which uses a top-down macro approach to emerging market sovereign debt; the Global Opportunity Fund, which has a portfolio of sovereign and corporate debt, foreign exchange, interest rates and equity; and the Finisterre Credit Fund, which concentrates on bottom-up corporate credit. In January this year, Finisterre launched the Emerging Markets Fund (FEMF), enabling investors to gain exposure to all Finisterre strategies. Corporate website: www.finisterrecapital.com

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised