Sun, May 28, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Man's FRM Capital Advisors launches strategic relationship with Japan focused hedge fund

Wednesday, January 30, 2013
Opalesque Industry Update - FRM Capital Advisors (FCA), the seeding division of FRM, Man Group plc‘s (Man) fund of hedge fund division, has entered into a strategic relationship with a Japan focused hedge fund.

FCA will make a significant investment in a fund launched by Arena Capital Management Limited (“Arena”), a Hong Kong based investment advisor. Arena, established in May 2012 by Toby Bartlett (CIO), manages a Japanese Long-Short Equity strategy focusing on domestic demand sectors, constructed with a factor neutral pair trading book.

Joining Mr Bartlett at Arena are Greg McLaughlin (COO), Ayumu Kuroda (Head of Trading and Risk Systems) and Yukimi Oda (Research Analyst).

Patric de Gentile Williams, Head of Seeding at FRM said: “This deal reinforces the global nature of FCA as a seeding business and is the first investment we have made since FRM was acquired by Man last year. Asia, and specifically Japan, is an important focus in our manager research, where we have a local office and a significant investor base.

“Arena’s focus on Japanese domestic demand sector is unique and Toby has extensive experience in researching and investing in this space from his time at Highbridge, Citadel and Fidelity Investments Japan. We see this both as an opportunity to be able to generate alpha in what is traditionally a less researched market by hedge funds where greater inefficiencies will allow managers that do in depth analysis to create an edge, and as an opportunity to attract assets from investors looking to allocate to pure Japanese Long-Short Equity funds.

“In addition, the recent drop in the Yen and newly elected Prime Minister Abe’s growth-focused economic strategy has caused a substantial rally in the domestic market that may spur meaningful investor interest.”

“Toby has consistently demonstrated his ability to run a successful portfolio within a robust risk management framework and with FCA’s support he will be able to build a successful alternative investment management business to the benefit of his investors, his team and FCA’s investors.”

Toby Bartlett, CIO of Arena, said: “As a new hedge fund, this major investment by FCA allows us to focus all our energies on operational excellence and generating high quality returns for our investors.

“Our focused approach to fundamental research in Japanese equities, combined with disciplined portfolio construction and risk management, allows us to have low correlation to markets and protect against downside volatility whilst capitalizing on market opportunities for our investors.

“This strategic relationship with FCA is a major endorsement of the investment process and business principles of Arena.”

Arena is the first seeding deal announced by FCA since FRM was acquired by Man in May 2012 and combined with its multi-manager business to create the largest independent European based fund of hedge funds group.

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. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  2. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  3. Investing - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  4. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  5. Opalesque Roundtable: France's hidden strengths in AI and machine learning[more]

    Komfie Manalo, Opalesque Asia: All nations offer their strengths and weaknesses, but one that is undisputed is the quality of the French scientists, claimed Guillaume Vidal, co-founder of French technology startup Walnut Algorithms at the