Thu, Dec 18, 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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar