Wed, Dec 7, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Asia Pacific Intelligence

IMQ backs Hong Kong based volatility arbitrage fund, True Partner

Tuesday, October 01, 2013

Emerging manager specialist, IMQ, has invested $33m of 'acceleration capital' to Asian volatility arbitrage expert, True Partner Fund. The investment takes the manager to assets under management of $107m.

Located in Hong Kong, the True Partner team is run by Ralph van Put and uses a sophisticated approach to volatility trading, combining broad options expertise, global trading experience, and advanced technology. While the focus rests on trading opportunities within the Asian markets, the team runs a truly global book.

The investment strategy can be characterised as medium frequency, market neutral trading and continuous hedging of volatility spread positions in listed options, predominantly in the equity index space. Emphasis is placed in pro-actively managing portfolio risks, through both static and scenario based risk analyses.

True Partner's Van Put commented on the investment, saying: "We are pleased with the cooperation with IMQ as it highlights our momentum in asset gathering, with IMQ providing an opportune bridgehead towards institutional investors".

IMQ's CEO and Founder, Jeroen Tielman, comments: "We like the True Partner strategy as it has a strong track record of two years and it has a very low correlation to both hedge funds and conventional asset classes. The thought and dedication put in by the key principals, to create and evolve the business together over a decade, was evident from our first meeting with them."

In terms of finding opportunities in Asia, Tielman says: "We liked the opportunities in the Asian markets provided by True Partner being based in Asia, giving volatility arbitrage opportunities between Asian markets and other markets."

For Tielman, this is a good example of IMQ's expansion into the acceleration space of emerging managers. "Knowing that a team and strategy have been test-driven provides an additional level of comfort in evaluating a young manager; True Partner being prime example of this. Our commitment brings total AUM of True Partner beyond the crucial $100m mark."

 
This article was published in Opalesque's Asia Pacific Intelligence our monthly research update on alternative investments in the Asia-Pacific region.
Asia Pacific Intelligence
Asia Pacific Intelligence
Asia Pacific Intelligence
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released