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Optima Asset Management and Jennison Associates, as the sub-advisor for the JENOP fund, have a partnership dating back to 2012.
According to Optima: “Our recognition of the opportunity and innovation in the healthcare sector resulted in our launch of the JENOP fund almost a decade ago, and it is gratifying to have that acknowledged with this award. The fund’s recent performance and long-term track record underscores the validity of the investment philosophy and process, and the opportunity for future success of the strategy.”
The JENOP strategy
The JENOP strategy has a dynamic investment process that has a history of alpha
The Lazard Rathmore strategy has, both over the qualifying 12-month period and on a since inception basis, delivered compelling risk-adjusted returns to investors. Broadly speaking, the strategy aims to deliver equity-like returns, with bond-like risk, while providing a low correlation to traditional fixed income and a low duration exposure.
Sarah George, Senior Vice President, Client Portfolio Manager at Lazard, says: “We believe that this investment objective has been substantiated by both the strategy’s long-term and recent performance, and kindly recognised by Hedgeweek/ Bloomberg through the strategy’s receipt of this award.”
The Rathmore strategy
The strategy has navigated the challenges of
Firms across the asset management industry are beginning to reflect on lessons learned from the pandemic as we move into a new phase. Andrew Brady, Partner, Co-Head of Corporate Credit at Marathon Asset Management, comments: “This environment has provided reminders to prioritise firm-wide coordination to serve clients by investing with humility and a margin of safety, avoid leverage on investment exposures, and to prepare for the unexpected, especially when risk tolerance is high, and attractive investments are scarce.”
Marathon has navigated the challenges through its belief that investment flexibility and objectivity, humility in forecasting, experience from past market dislocations,
Artisan Partners has worked hard to create a strategy that can take advantage of opportunities across all phases of the credit cycle, in both benign and distressed environments, and found that the Covid-19 credit cycle created an environment tailor-made for its approach.
Dealing with the effects of Covid-19
Bryan Krug, Managing Director at Artisan and Portfolio Manager on its credit team, says: “At the onset of the pandemic, we were active in rescue financing solutions, identifying franchises that would need immediate capital infusions to avoid a liquidity crisis. And, as momentum behind the market’s recovery continued, we remained focused on
Despite the challenges of the pandemic, Gresham Investment Management is on the rise, with its CTA strategy growing from a dedicated team of four to a largely dedicated team of 12, with a third of that growth occurring since the pandemic began.
Scott Kerson, Head of Systematic Strategies, says: “Despite external challenges, we’ve been able to hire high calibre people on the research and technology side.”
Much of its success is down to its view of the business as a partnership between Gresham and its investors. “This business is not just about managing other people’s money, it’s about managing money
Equitas CEO and Founder, David Thomas voiced his appreciation and pride over winning the ‘Best Multi-Strategy, Multi-Manager Fund Award’ of 2021. “This award is the culmination of years of effort we poured into the Equitas Evergreen Fund. The strength of our organisation, our personnel, our due diligence process, and the resulting performance, deserve recognition. We couldn’t have done it without support from our strong staff, impressive network and, of course, our loyal clients,” Thomas concludes.
The last 18 months have been a very challenging period for everyone. However, as a small company, Fairlight Capital was already working via video calls and using cloud file storage meaning work challenges were not as great for them as for some others.
Responding to Covid-19
In fact, Andrew Martin, Managing Director of Fairlight, says: “In terms of meeting with investors and arranging third-party calls, the acceleration of remote-working technologies has probably helped us.”
He adds: “We believed that the markets and economies would bounce back strongly after the dip in March 2020, and so we rotated the portfolio, using