Fink's ISAM Up To US$700M In Assets

Oct 12 2011 | 6:42am ET

Former Man Group CEO Stanley Fink's current hedge fund has enjoyed a 40% jump in assets under management thanks to a pair of pension fund mandates.

Two "very large" pensions poured US$200 million into International Standard Asset Management's flagship Systematic Fund, the firm's Alexander Lowe told Reuters. Those allocations pushed the firm's assets to US$700 million, a record for the three-year-old London-based ISAM.

Lowe said that the Systematic Fund, launched last year, was roughly flat this year. He blamed "choppiness" in agriculturals and other sectors, which he said "cost us 800 basis points."

While still managing less than US$1 billion, ISAM has big plans for Systematic, hoping to boost its assets to about US$5 billion.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note