Mon, Mar 30, 2015
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. 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. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner