- C$1.2bn AUM asset manager expands its' horizons to European market with
- Significant lessons should have been learned by the industry;
transparency and capital protection are absolutely key
- Launch new website at www.arrow-capital.com
TORONTO, May 10 /CNW/ - To strengthen their goal of offering leading
investment products globally, Canadian asset management veteran, Arrow
Hedge Partners, is expanding its presence in the UK through new firm,
Generation Asset Management (G2AM).
The move coincides with a full corporate rebrand. After ten years as
Arrow Hedge, the successful Canadian fund manager is changing its name
to Arrow Capital Management ("Arrow").
The firm was founded in 1999 by Jim McGovern, former CEO and co-founder
of BPI Financial Corporation ("BPI"), a Canadian based investment
manager; with the belief that true, active management would lead to
superior investment results, through down-side protection and solid,
long-term growth. This is an approach that Arrow believes relies more
on manager skill, than on market direction, to produce investment
This belief has never changed. Consequently, Arrow has grown to one of
the largest and most experienced alternative investment managers in
Canada, managing over C$1.2bn. The Arrow offering consists of four
principal funds that use a fund of hedge funds approach to investing.
Arrow also offers 14 single-manager hedge funds that invest following
specialized investment mandates. Arrow's flagship fund, Arrow
Diversified Fund, returned 8% last year.
Jim McGovern, CEO of Arrow Capital Management, said: "We are very
excited to be entering a joint venture with Generation Asset Management
in London. It is a great opportunity for us to extend the
institutional platform that we have built in Canada to European
investors. We are exceedingly optimistic about the strength of the
"In all of our products, we aim to continue offering best-in-class and
innovative solutions to meet our investors' ever-changing investment
needs. Capital protection is our first priority, and transparency is at
the core of everything we do. These principles will be mirrored in our
partnership with Generation" added Mark Purdy, Managing Director & CIO
Arrow's views of the importance of transparency are as follows:
There is no other way to monitor risk within a strategy.
It is the only way you can monitor style drift - holdings may not be
consistent with the strategy.
It is the only way you can roll up the fund of fund to monitor both
exposure and risk.
Allows you to better "pair up" strategies when possible, leading to a
better risk/return for the investor.
ABOUT ARROW CAPITAL MANAGEMENT
The team has an established process for screening and identifying highly
skilled managers globally. These managers are vetted and put through
Arrow's rigorous due-diligence process, with the objective of each
manager aligning with Arrow's philosophy and core values (skill,
integrity, experience and focus on risk management). With research
offices around the globe, Arrow has an extensive network of resources
and intelligence that allowed the firm to develop a unique top-down
global perspective. This macro view is combined with a comprehensive
bottom-up process in manager selection in order to generate Arrow's
With capital protection paramount to Arrow's proposition, the firm
offers multi-manager portfolios to form the core of a client's
investment portfolio, and single manager mandates for clients looking
to complement an existing portfolio. Arrow can also create bespoke
customized portfolios designed to meet a client's investment
Through our funds of hedge funds, Arrow has created the opportunity to
invest with talented investment managers globally. Arrow's globally
diversified client base includes pension funds and institutions, as
well as family offices and high net worth investors.
With transparency at the root of Arrow's investment case, the team is
made up of seasoned portfolio managers, giving clients access to some
of the world's best alternative investment fund managers. Arrow
currently employs 31 staff and 5 principals.
SOURCE Arrow Hedge Partners Inc.
For further information:
Enquiries: Max Hilton/Daniel Jason, Peregrine Communications
Tel (Direct): +44 20 3178 6873/+44 20 3178 2496
Tel (Mobile): +44 7950 003 138/+44 7941 225 651