Sun, Nov 29, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

LGT Capital Partners wins award for Managed Futures program, UCITS fund surpasses $100m mark

Monday, March 21, 2011

Thomas Weber
Opalesque Industry Update - LGT Capital Partners is pleased to announce that it has won the "Managed Futures Award" in the eighth annual InvestHedge Fund of Hedge Funds Awards, held recently in New York.

LGT Capital Partners' Crown Managed Futures program was singled out, from a group of six shortlisted managed futures programs, as "the best risk adjusted performer among the global fund of hedge funds universe."

Thomas Weber, Partner at LGT Capital Partners, comments: "We are pleased to be recognized by the InvestHedge Fund of Hedge Funds Awards for our commitment to delivering excellent returns and downside protection for our clients. Crown Managed Futures proved its ability to perform in different environments, in particular during the two bear markets of 2000-2003 and 2007-2009, where it returned +28.6% and +21.7%, respectively. We see growing client interest in a program like Crown Managed Futures, which has helped investors manage the risks associated with turbulent markets."

Launched in October 2000, Crown Managed Futures is one of the world's oldest CTA/macro multi-manager managed account programs. Since inception it has generated an annual net return of 9.4%, compared with -1.1% for the MSCI World Hedged USD Price Index. With USD 1.9 billion (trading level) of allocated assets it is also one of the world's largest. Crown Managed Futures investors benefit from the program's proprietary managed account platform, which enables full transparency on the more than 450 instruments held by its 16 managers. In addition, Crown Managed Futures is able to respond quickly to changing market conditions through the daily liquidity it has with underlying managers, while investors enjoy weekly liquidity on their investment.

The InvestHedge award coincides with a significant milestone for the program's UCITS share class. Client investments have recently surpassed the USD 100 million mark, with total capital of USD 118 million (as at 28 February 2011).

(press release)

LGT Capital Partners is a leading alternative assets and fund of funds manager focused on institutional investors. The firm currently manages USD 21 billion in hedge fund and private equity investments globally. A team of more than 170 professionals, representing 32 nationalities, is responsible for managing the Crown and Castle alternative investment programs. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in New York, London, Dublin, Hong Kong and Tokyo. Source


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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November