Wed, Jul 23, 2014
A A A
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

Bg

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  3. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  4. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag