Monday, 1 September 2014
Last updated 2 days ago
Sep 3 2010 | 11:21am ET
Credit hedge fund shop Concerto Asset Management has won a €60 million mandate from a European fund of hedge funds, which it hopes will open the door to extensive institutional investor interest .
Charlotte, N.C.-based Concerto was hired by London-based Goodhart Partners to fill an absolute return credit mandate for its Target Return bond fund.
“With government bond yields at such low levels, there is a real need for products, which can replace that lost return without simply chasing after more yield further down the capital structure,” founder Julie Bouhuys said. “We have designed this product to do exactly that, and believe that the move away from traditional, index-based bond investing will gather momentum in the coming years, especially with pensions and endowments.”
The mandate pushes Concerto’s assets under management to US$140 million.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...