Tue, Jan 17, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Generation Asset Management (G2AM) launches in London with promises of transparency on fees and investing

Monday, May 09, 2011
Opalesque Industry Update- Manuel Carrelet and Sixten Eriksson have announced the launch of Generation Asset Management with offices in London, Geneva, and Guernsey. Prior to launching the firm Carrelet was formerly at Atlas Capital Private Wealth and Deltec Investment Advisers, where he worked with super high net worth individuals, and Eriksson was a partner on the Nordic and Israel private banking team at Credit Suisse.

The firm will use a multi-manager approach to investing, in order to have a range of experience and geographic exposures from the managers through which it invests. The firm’s investment portfolio will focus on growth strategies, growth regions and emerging markets. A press release explained that G2AM would be “delivering an old idea – actively managed funds that generate cash beating returns for the long-term investors in a new way.”

Noting the disconnect between asset managers and clients that has widened over the past few years Eriksson says, “Benchmarks are too often meaningless for clients, index hugging is far too prevalent and transparency is lacking.” Part of the new way the firm alluded to in a press release regarding their launch includes a focus on transparency. Eriksson said in a statement “There has not been enough transparency in the fund management industry, on costs, on performance, or investment processes. G2AM will offer full transparency to clients and full accountability.”

kb

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. Southpoint Capital gains 3.8% in Q3, bringing year-to-date returns to 5.2%[more]

    From Valuewalk.com: Southpoint Capital Advisors, the $3 billion New York hedge fund founded by former employees of David Einhorn’s Greenlight Capital, added 3.8% net during the third quarter of 2016, bringing year-to-date returns to 5.2% and cumulative returns since inception (July 2004) of 237.4% a

  2. The Big Picture: The case for emerging market debt in 2017[more]

    Benedicte Gravrand, Opalesque Geneva: Emerging market (EM) assets outperformed in 2016 mainly because of stronger fundamentals and an improving international environment, with GDP picking up speed, leading to positive earnings revisions for the first time in five years,

  3. Opalesque Exclusive: $1.2bn Sagewood spins out of Stifel[more]

    Bailey McCann, Opalesque New York: Sagewood Asset Management, which has been operating within Stifel Financial Corp. since 2015, is officially launching as an independent $1.2 billion asset manager focused on volatility strategies. The New York firm's spin-out was announced in an investor let

  4. Short Selling - Long-short hedge funds are ditching the shorts to focus on longs[more]

    From Bloomberg.com: What happens when you take the "short" out of a long-short trading strategy? Some hedge funds are about to find out. Equity long-short fund managers, the biggest category in hedge funds, hold the fewest bearish stock bets on record, data compiled by Credit Suisse Group AG s

  5. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel