Sun, Aug 28, 2016
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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new