Friday, 29 August 2014
Last updated 11 hours ago
Apr 25 2014 | 12:33pm ET
Gottex Fund Management’s assets under management jumped 14% in the first quarter.
The Swiss fund of hedge funds manager said it now has US$8.6 billion under management, up from US$8.1 billion at the end of last year. Gottex credited most of the increase to inflows, noting particular strength in new advisory mandates.
The firm’s assets are set to grow even further, with approval by both its shareholders and those of EIM for the companies’ proposed merger. British authorities have also signed off on the deal, which now requires only Swiss regulatory approval.
Gottex also boasted positive returns in the quarter, CEO Joachim Gottschalk said.
“Volatile equity markets and a surprisingly strong bond performance characterized the investment markets for the first quarter,” he said. “Our hedge fund and alternative investments performed very well and we continue to anticipate increased allocation from institutional and retail investors into the alternative investment sector. In that light, we are pleased to see an increase in our asset base during the first quarter, predominantly through advisory mandates won in the APAC region.”
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 ...