Tue, Sep 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Gottex and Astmax launch joint venture providing hedge fund services to Japanese clients

Thursday, May 09, 2013
Opalesque Industry Update - Astmax Asset Management, Inc. (Astmax), an asset management firm based in Tokyo, and Gottex Fund Management Sarl, the investment subsidiary of global alternative asset management group Gottex Fund Management Holdings Limited (Gottex), announced that they agreed mutual sub-advisory services to provide institutional and other Japanese clients with hedge fund and multi-asset investment solutions.

The parties will offer Japanese clients relevant investment products and services including advanced customised hedge fund investment solutions, active liquid multi-asset products, hedge fund advisory services, managed accounts and specific products for Japanese institutional investors.

Astmax and Gottex believe there is a growing need in the Japanese institutional market for advanced customised hedge fund and multi-asset investment products, as these investors are becoming increasingly apprehensive about the outlook for their long only bond portfolios and plan to transfer investments to well-developed and proven absolute return products.

In addition, Astmax and Gottex have agreed to mutually distribute selected investment products, using Gottex’s global footprint and Astmax’s well-established Japanese distribution.

Max Gottschalk, CEO of Gottex Asia, said, “We are very pleased to announce this mutual relationship and the development of specific investment solutions for the Japanese market. We are very keen to work closely together with Astmax, who are one of the leading Japanese firms in the hedge fund solutions arena.”

Hiroaki Honda, CEO of Astmax added, “We believe that the Japanese market needs such an advance solutions offering in the hedge fund and multi asset space. The relationship with Gottex brings together two leading asset management firms and should enable us to offer our current and prospective clients high quality investment products and related services.”

Press release

bc

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius