Mon, Jun 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

LGT Capital awarded GBP100m multi-alternatives mandate from Kingfisher Pension Scheme

Monday, June 17, 2013
Opalesque Industry Update - LGT Capital Partners has been awarded a GBP 100 million multi-alternatives mandate from Kingfisher Pension Scheme. The mandate is focused exclusively on alternative investments and includes hedge funds, commodities, insurance-linked securities, property, private equity and other alternative asset classes.

Roberto Paganoni, CEO of LGT Capital Partners, comments: "We are delighted to be able to work with Kingfisher Pension Scheme on this mandate, which will provide their pension fund with an actively managed portfolio with nine alternative asset classes and access to best-in-class external managers. This segregated mandate gives Kingfisher Pension Scheme the flexibility to change the risk/return profile of their return-seeking assets at any point in time."

Dermot Courtier, Secretary of the Kingfisher Pension Scheme explained that “after a thorough and in-depth manager selection process, the Trustees decided that LGT Capital Partners’ proposition offered the most appropriate solution, complementing the Scheme’s existing exposures and providing flexibility in terms of the asset allocation and level of risk, depending on the Scheme’s requirements as it continues on its secondary funding objective flight path.”

LGT Capital Partners recognised the difficulties some pension funds face in accessing alternative investments. Based on its 15-year track record, the firm developed a multi-alternatives offering in 2011 especially for these investors.

Press release

LGT Capital Partners is a leading alternative investment specialist with over USD 26 billion in assets under management and more than 300 institutional clients. A large, international team is responsible for managing a wide range of investment programs focusing on private markets, liquid alternatives and multi-asset class solutions. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in North America, Europe and Asia. www.lgt.com

Bg

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. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  2. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  3. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  4. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp

  5. CalPERS defines new private equity policy with more direct investments[more]

    Dr. Ashby Monk, the executive director of the Stanford Global Projects Center and one of the world's leading experts on design and governance for institutional investors, told the CalPERS Investment Committee: "Private equity is a tough business for funds - in large part because you need it