Tue, Jan 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Guy de Blonay appointed manager of the Jupiter Hyde Park Hedge Fund

Wednesday, May 05, 2010
Opalesque Industry Update - Jupiter is pleased to announce that Guy de Blonay will be appointed lead manager (1) of the Jupiter Hyde Park Hedge Fund with effect from 1 June 2010. Guy will take on the management of the Fund from Philip Gibbs, who will become deputy fund manager.

The Jupiter Hyde Park Hedge Fund has been managed by Philip since its inception in March 2000 and has produced excellent results for investors during this time. Since launch, the Fund has returned 379.6% in Dollar terms and has never produced a negative annual calendar year return in its 10 year history (2).

Philip’s success in managing both long only and long/short strategies has resulted in very healthy inflows across a number of his mandates. In particular, Philip has raised substantial assets for the newly-launched Jupiter Absolute Return Fund, a UK domiciled UCITS III unit trust. In anticipation of the additional funds this launch would bring in, Philip was able to attract Guy de Blonay, one of the most respected financials fund managers in the UK, to his team.

Guy, who has 13 years’ investment experience, joined Jupiter from Henderson New Star where he was responsible for a number of long only products and a long/short hedge fund investing in the financials sector. One of his key products was the long only New Star Global Financials Fund, which produced substantial outperformance of its benchmark in the nine years he managed it. Before joining New Star, subsequently Henderson New Star, Guy worked at Jupiter for six years.

The appointement of Guy as lead manager will have no impact on the Fund’s investment strategy or objective, which is to generate capital gains whether short, medium or long term through an international portfolio of investments. Both Guy and Philip will hold substantial personal investments in the Fund.

Philip Gibbs, fund manager at Jupiter said: “Guy has established a strong reputation as one of the best financial fund managers in the industry and I am pleased he will be taking on the management of Hyde Park. Guy’s appointment adds further strength and resource to our offering at an important time. We have seen a period of healthy inflows into the range of products managed by the team, including the recently launched Jupiter Absolute Return Fund, and assets under our management have grown substantially.”

Guy de Blonay, Jupiter, said: “The Jupiter Hyde Park Hedge Fund remains one of Jupiter’s key offshore hedge fund offerings. I am looking forward to taking on management of the Fund, and will seek to deliver consistent outperformance for investors.”


(1) Subject to FSA regulatory approval
(2) Source: Jupiter to 31.03.10


JUPITER HYDE PARK HEDGE FUND FACTS
- Launched in March 2000
- Long/short equity fund seeking to achieve absolute returns across market cycles in sectors where the manager has deep experience
- US$, € and £ share classes
- Minimum Investment: US$100,000, €100,000, £100,000
- Fees: 1.5% management fee; 20% performance fee

Jupiter Asset Management (Bermuda) Limited is the Investment Manager of the Jupiter Hyde Park Hedge Fund Limited and Jupiter Asset Management Limited has been appointed the Investment Adviser. www.jupiter-group.co.uk


Bg

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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r