Sat, Nov 28, 2015
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.”


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: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November