Arrow Capital Management has merged two fund which are sub-advised by Raven Rock Capital Management – the Arrow High Yield Fund and the Raven Rock Income II Fund.
The merging of the two funds eliminates the duplication of the investment similarities and improves the cost efficiencies.
Raven Rock is now able to focus on a single core investment strategy, which continues to be a unique offering in the Canadian fund universe. The Raven Rock Income II Fund combines hedged exposure to the US convertible bond market, as well as various other US corporate debt securities including high yield bonds. The ability of the fund to tactically adjust the fund's corporate bond exposure is designed to protect investor capital and generate positive returns in all market environments.
The Raven Rock Income II Fund is available for purchase for accredited investors in Canada. A similarly mandated closed end version of this Fund, the Raven Rock Strategic Income Fund, is available to all investors as it trades on the S&P/TSX under the symbol RRF.UN.
Founded in 1999, Arrow is an employee-owned company focused on alternative asset management and manager selection.
Arrow has USD1.1 billion in assets under management, including its joint venture with Generation Asset Management based in London, England.
