Fri, Feb 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Arrow rebrands with UK target in its sight

Monday, May 09, 2011
Opalesque Industry Update - To strengthen their goal of offering leading investment products globally, Canadian asset management veteran, Arrow Hedge Partners, is expanding its presence in the UK through new firm, Generation Asset Management (G2AM).

The move coincides with a full corporate rebrand. After ten years as Arrow Hedge, the successful Canadian fund manager is changing its name to Arrow Capital Management (“Arrow”).

The firm was founded in 1999 by Jim McGovern, former CEO and co-founder of BPI Financial Corporation ("BPI"), a Canadian based investment manager; with the belief that true, active management would lead to superior investment results, through down-side protection and solid, long-term growth. This is an approach that Arrow believes relies more on manager skill, than on market direction, to produce investment returns.

This belief has never changed. Consequently, Arrow has grown to one of the largest and most experienced alternative investment managers in Canada, managing over C$1.2bn. The Arrow offering consists of three principal funds that use a fund of hedge funds approach to investing and 14 single-manager hedge funds that invest following specialized investment mandates. Arrow's flagship fund, Arrow Diversified Fund, returned 9% last year.

Jim McGovern, CEO of Arrow Capital Management, said: “We are very excited to be entering a joint venture with Generation Asset Management in London. It is a great opportunity for us to extend the institutional platform that we have built in Canada to European investors. We are exceedingly optimistic about the strength of the combined teams.”

“In all of our products, we aim to continue offering best-in-class and innovative solutions to meet our investors’ ever-changing investment needs. Capital protection is our first priority, and transparency is at the core of everything we do. These principles will be mirrored in our partnership with Generation” added Mark Purdy, Managing Director & CIO of Arrow...Source
KM

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. Opalesque Exclusive: Very small CTA averages 6.90% per month since April’14 inception[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: There aren’t many one-man shops around in the hedge fund world but we talked to one. Andrew S. Peskin, who is ba

  2. Investing - Top U.S. hedge funds cut Apple stakes ahead of all-time high, John Paulson holds gold ETF in Q4 but cuts back on some miners, Hedge funds exited tumbling oil company shares late last year, Some top investors exit Herbalife, Soros added shares in fourth quarter, Moore Capital boosts U.S. financial holdings, reduces China bets[more]

    Top U.S. hedge funds cut Apple stakes ahead of all-time high From Reuters.com: Top U.S. hedge fund management firms, including David Einhorn's Greenlight Capital and Philippe Laffont's Coatue Management, reduced their stakes in Apple Inc during the fourth quarter, ahead of the iPhone mak

  3. Opalesque Exclusive: Skënderbeg launches four single-manager funds with Your Wealth AG[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Skënderbeg Funds AGmvK, an investment fund for qualified investors under Liechtenstein law (umbrella fund),

  4. Opalesque Roundtable: Many Swiss investors are questioning the value proposition of hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: There is a well-known transition among investors in hedge funds between high-net-worth individuals and institutional investors, Ian Hamilton, head of the IDS Group, said during the recent

  5. UCITS HFS Index starts year on positive note with 1.09% gains in January[more]

    Komfie Manalo, Opalesque Asia: The UCITS HFS Index started the year on a positive note gains of 1.09% in January after finishing 2014 with a modest performance of 1.62%. Index provider 2n20 said th