Saturday, 25 October 2014
Last updated 21 hours ago
Apr 23 2010 | 1:09pm ET
Gottex Fund Management CEO Joachim Gottschalk may be confident that inflows are coming to his firm. But there was no sign of them in the first quarter.
The Swiss fund of hedge funds shop said today that its fee-earning assets dropped 2.6% on investor redemptions, despite positive performance. All told, the firm’s assets fell by 2.5% to US$7.9 billion as Gottex continues to liquidate its asset-based funds.
The declines didn’t faze Gottschalk, however.
“I believe Gottex, as a larger, well-resourced firm, is well-positioned for the next wave of growth that the hedge fund industry will undoubtedly see,” he said. “As such, we continue to evaluate opportunities to integrate other firms with complementary products or who lack scale to attract institutional assets.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.