Tue, Mar 31, 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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner