Tue, Jul 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Top-rated absolute return fixed income team to join RWC Partners

Thursday, July 01, 2010
Opalesque Industry Update - RWC Partners has announced that Peter Allwright and Stuart Frost will join to manage absolute return and currency funds.

Allwright and Frost are lead managers on the highly regarded Threadneedle Absolute Return Bond portfolios which have grown to more than $3bn since launch over four years ago. They are co-managers of the Threadneedle Absolute Return Bond Fund, which is AA-rated by Standard and Poor’s and A-rated by OBSR and also co-manage the Morningstar 5 star-rated Threadneedle Target Return Fund.

On joining, Allwright and Frost will take over the management of the RWC Strategic Reserve Fund and will be launching funds with a more flexible approach to risk later this year.

Allwright joined Threadneedle in 2005 as a global bond fund manager and is responsible for absolute return and high alpha strategies. In addition, he manages the Threadneedle European Bond and Global Bond Funds. Allwright is a highly experienced fixed income portfolio manager, having started his career on the trading floor of LIFFE in 1993. Prior to joining Threadneedle, he was a senior portfolio manager at Gartmore and Royal London Asset Management.

Frost joined the Threadneedle fixed income team in 2007 and is a highly experienced currency and fixed income trader, having held a number of senior positions at NatWest Markets for more than 20 years. Frost is a member of the Society of Technical Analysts and has studied all macro markets at the New York Institute of Finance.

Commenting on the appointments, Peter Harrison, Chief Executive Officer, RWC Partners, said: “Peter and Stuart have had extraordinary careers in the fixed income markets. Over the last five years they have been responsible for managing one of the most highly regarded absolute return franchises around. It is still extremely rare to find such experienced managers who have run funds in the UCITS space for such a long time.

“Their style is transparent, liquid and proven – three elements that are essential for our clients' portfolios in today’s market. Peter and Stuart join us with a great reputation in this space and we are looking forward to them developing our UCITS III absolute return funds.

Corporate website: Source

-KM

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. Opalesque Exclusive: Michael E. Lewitt: Greece, Puerto Rico, China stock market problems are symptoms of global underlying disease[more]

    Benedicte Gravrand, Opalesque Geneva: Michael E. Lewitt, manager of the Third Friday Total Return Fund, L.P., author and market commentator, says in a Q2 letter

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Opalesque Exclusive: London quant shop launches new improved strategy[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Simon Wajcenberg, CEO of K1T Capital Ltd, a systematic quant based hedge fund asset manager based in London

  5. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

 

banner