Fri, Dec 9, 2016
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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest