Sat, Apr 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Gottex and Astmax launch joint venture providing hedge fund services to Japanese clients

Thursday, May 09, 2013
Opalesque Industry Update - Astmax Asset Management, Inc. (Astmax), an asset management firm based in Tokyo, and Gottex Fund Management Sarl, the investment subsidiary of global alternative asset management group Gottex Fund Management Holdings Limited (Gottex), announced that they agreed mutual sub-advisory services to provide institutional and other Japanese clients with hedge fund and multi-asset investment solutions.

The parties will offer Japanese clients relevant investment products and services including advanced customised hedge fund investment solutions, active liquid multi-asset products, hedge fund advisory services, managed accounts and specific products for Japanese institutional investors.

Astmax and Gottex believe there is a growing need in the Japanese institutional market for advanced customised hedge fund and multi-asset investment products, as these investors are becoming increasingly apprehensive about the outlook for their long only bond portfolios and plan to transfer investments to well-developed and proven absolute return products.

In addition, Astmax and Gottex have agreed to mutually distribute selected investment products, using Gottex’s global footprint and Astmax’s well-established Japanese distribution.

Max Gottschalk, CEO of Gottex Asia, said, “We are very pleased to announce this mutual relationship and the development of specific investment solutions for the Japanese market. We are very keen to work closely together with Astmax, who are one of the leading Japanese firms in the hedge fund solutions arena.”

Hiroaki Honda, CEO of Astmax added, “We believe that the Japanese market needs such an advance solutions offering in the hedge fund and multi asset space. The relationship with Gottex brings together two leading asset management firms and should enable us to offer our current and prospective clients high quality investment products and related services.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  3. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  4. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  5. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A