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GCM Grosvenor to Present at the William Blair 45th Annual Growth Stock Conference on June 4, 2025
Globenewswire· 2025-05-21 12:30
CHICAGO, May 21, 2025 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor, will present at the William Blair 45th Annual Growth Stock Conference on Wednesday, June 4 at 8:40 a.m. CDT. A link to the live audio webcast of the presentation will be available on GCM Grosvenor’s public shareholders website and the event website. For those unable to listen to the live a ...
Janus Henderson Short Term Income Managed Account Q1 2025 Commentary
Seeking Alpha· 2025-05-21 11:45
Core Viewpoint - Janus Henderson Investors aims to assist clients in achieving their long-term financial goals through active management, emphasizing the importance of translating ideas into action and building partnerships for optimal client outcomes [1] Company Overview - Janus Henderson Investors was formed in 2017 from the merger of Janus Capital Group and Henderson Global Investors, reflecting a commitment to adding value through active management [1] - The company promotes a collaborative team environment, which is encapsulated in their "Knowledge. Shared" ethos, fostering dialogue and empowering clients to make informed investment decisions [1] Investment Approach - The investment managers at Janus Henderson have the flexibility to adopt strategies that align with their areas of expertise, ensuring a tailored approach to investment management [1]
SCOR Senior Euro Loans switches to daily liquidity
Globenewswire· 2025-05-21 08:52
Core Viewpoint - SCOR Investment Partners has transitioned its SCOR Senior Euro Loans fund to daily liquidity, enhancing flexibility for investors in leveraged loans [2][3][4]. Group 1: Fund Overview - SCOR Senior Euro Loans, launched in 2011 and previously known as SCOR Sustainable Euro Loans, currently manages EUR 806 million in assets as of March 31, 2025 [6]. - The fund targets institutional investors with the goal of generating high current yields while preserving capital over the recommended investment period [6]. - The fund is managed by a team of nine experts, including six credit analysts, under the leadership of Rémy Chupin [6]. Group 2: Investment Strategy - The fund's shift to daily net asset value calculation allows for immediate market exposure and daily management of investment risk [3][4]. - Leveraged loans are presented as an alternative source of bond diversification, providing liquidity and price transparency [4]. - The fund's sustainability analysis is enhanced by minimum sector thresholds based on a proprietary methodology, classifying it as Article 8 under the European SFDR [5]. Group 3: Market Context - The European leveraged loan market has seen growth due to increasing demand from investors such as CLOs, enhancing its liquidity features [7]. - The changes to the fund's structure are aimed at meeting the evolving needs of institutional clients for liquid investment solutions [7].
太保资产在上海成立私募基金管理公司
news flash· 2025-05-21 07:23
智通财经5月21日电,天眼查App显示,太保致远(上海)私募基金管理有限公司5月21日成立,法定代 表人为向涛,注册资本1000万人民币,经营范围为私募证券投资基金管理服务。股东信息显示,该公司 由太平洋资产管理有限责任公司全资持股。 太保资产在上海成立私募基金管理公司 ...
私募MOM产品备案数量创新高,银行理财成重要资金方
Jing Ji Guan Cha Wang· 2025-05-21 04:08
Group 1 - The rapid development of private MOM products is highlighted, with 29 products registered by May 20 this year, surpassing the total of 23 for the entire year of 2024 and setting a new record since 2019 [2] - MOM (Manager of Managers) is defined as a unique investment management model that involves delegating investment advice to multiple qualified third-party asset management institutions, allowing for diversified asset allocation [2] - Compared to FOF (Fund of Funds), MOM offers advantages in investment concentration limits, rebalancing flexibility, and the authority of the parent fund [3] Group 2 - The implementation of the "MOM Product Guidelines" by the CSRC at the end of 2019 has led to a more regulated environment for MOM products, allowing securities and futures asset management to engage in private MOM business [3] - Many of the newly registered MOM products are structured with cooperative institutions (such as securities and futures asset management) as trustees, and multiple private fund managers as investment advisors [3] - There is a growing demand for diversified allocation from bank wealth management and insurance asset management, especially as interest rates decline and volatility increases [3] Group 3 - Despite the advantages, there are risks associated with outsourced investments, which require strong research and investment capabilities [4] - The performance of MOM products heavily relies on the management capabilities of private funds as investment advisors and the selection and risk control measures of the funding parties [4] - Recent incidents, such as the collapse of a major FOF private institution, have led some bank wealth management firms to suspend similar channel businesses due to associated risks [4] Group 4 - The use of FOF and MOM tools is not merely a simple investment choice; it requires robust quantitative algorithms and detailed due diligence to select suitable products and managers [5] - Wealth management subsidiaries are adopting outsourcing as a long-term investment strategy, but there is still a need for improvement in the research and investment capabilities related to FOF and MOM [5]
十年间,那些“公奔私”的明星基金经理们如今怎样了?
Sou Hu Cai Jing· 2025-05-21 02:28
Core Viewpoint - The trend of fund managers transitioning from public to private sectors continues, with varying degrees of success and challenges faced by these managers in the private equity landscape [1][12]. Group 1: Notable Fund Managers and Their Transitions - Wang Yawei, a former leading public fund manager, founded Qianhe Capital in 2012, achieving a peak management scale of 30 billion yuan, but has since faced significant challenges, with current management scale dropping to 2-5 billion yuan [2][3]. - Ren Zesong, another prominent figure, transitioned to private equity with Jiyuan Asset, but has seen his management scale fall below 500 million yuan due to poor performance [6]. - Lin Peng, who founded Heshihuiyi Asset, initially achieved a management scale exceeding 10 billion yuan, but has described the period from 2021 to 2023 as particularly difficult, with current management scale above 10 billion yuan [7][8]. Group 2: Performance and Challenges in Private Equity - Many former public fund managers have struggled to replicate their previous successes in the private sector, with some experiencing significant losses in their funds [6][11]. - The private equity industry is highly competitive, with a large number of managers facing challenges similar to those of Shenzhen Yinuo Private Equity, which has a management scale of only 0-500 million yuan [12][11]. - As of February 2023, there were 863 fund managers who had transitioned to private equity, with a significant portion of private equity firms managing less than 500 million yuan [13].
光源资本宣布旗下“L2F基金”超额首关
Sou Hu Cai Jing· 2025-05-21 01:02
Group 1 - The core viewpoint of the news is the successful fundraising and investment strategy of the Lighthouse Founders' Fund (L2F), which focuses on early-stage investments in AI and frontier technology [2][3]. - L2F aims to invest in approximately 10 projects annually, with investment amounts ranging from 300,000 to 2 million USD per project [2][3]. - The fund has raised over 50 million USD, exceeding its initial target of 30 million USD due to strong interest from limited partners (LPs) [3]. Group 2 - L2F is the first Founders' Fund in China that targets AI while also considering industrial innovation and global opportunities [2]. - The fund's investment strategy emphasizes early-stage investments, aiming to support startups in their growth from inception to maturity [3]. - The fundraising process was completed in just two months, indicating high demand and confidence in the fund's potential [3]. Group 3 - The founder and CEO of Light Source Capital, Zheng Xuanle, leads the fund and emphasizes collaboration with entrepreneurs who are willing to innovate and reshape business logic [4]. - Light Source Capital has over 20 years of experience in alternative asset management and has facilitated over 550 private financing transactions totaling more than 300 billion RMB [3]. - The company aims to leverage its industry resources and professional team to enhance the value of the "AI+" ecosystem [4].
Partners Value Investments L.P. Announces Q1 2025 Interim Results
Globenewswire· 2025-05-20 22:00
TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended March 31, 2025. All amounts are stated in U.S. dollars. The Partnership recorded net income of $24.6 million for the three months ended March 31, 2025, compared to net income of $26.3 million in the prior year quarter. Net income was in line with the prior year quarter as higher investment income and valuation gains were offs ...
Notice of changes to shareholding and share capital of Northern Horizon Capital AS
Globenewswire· 2025-05-20 13:00
Northern Horizon Capital AS, the management company of Baltic Horizon Fund, hereby notifies of a change to its shareholdings and a decrease in its share capital and the related amendments to the articles of association. The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com For additional information, please c ...
Voya Financial (VOYA) Update / Briefing Transcript
2025-05-19 21:00
Summary of Voya Financial (VOYA) Update / Briefing May 19, 2025 Company Overview - Voya Financial manages approximately $342 billion in assets, including nearly $1 billion in closed-end fund assets under management (AUM) [4][5] - The closed-end fund lineup consists of five funds, all categorized under Morningstar's derivative income category [4] Funds Discussed - **Voya Global Advantage and Premium Opportunity Fund (IGA)** - **Voya Global Equity Dividend and Premium Opportunity Fund (IGD)** - **Voya Infrastructure, Industrials and Materials Fund (IDE)** Core Points and Arguments - IGA and IGD were launched in February 2005 and have a primary objective of high current income, with IGA also seeking capital appreciation [6] - IDE, launched in 2010, aims for total return through current income, capital gains, and capital appreciation [7] - As of April 2025, IGA and IGD had discounts of -3.5% and -6.8%, respectively, while IDE had a discount of -6.7% [9] - The funds have transitioned to monthly distributions as of May 2024, with annualized distribution rates increased to approximately 10% to 11% of NAV [11][12] - Over the trailing twelve months, IGA and IGD increased by 14.7% and 15.4% on an NAV basis, and 23.8% and 22.4% on a market basis, respectively [12] Performance Insights - IDE's performance for the trailing twelve months was 10.1% on an NAV basis, with a year-to-date increase of 3.7% [14] - The equity sleeves of IGA and IGD outperformed the MSCI World Value Index by approximately 670 basis points on a gross-to-fee basis [17] - IDE's equity sleeve outperformed its custom benchmark by about 30 basis points on a gross-to-fee basis [20] Investment Strategies - The funds employ a systematic call option overlay strategy to capture volatility risk premia and enhance total returns [22] - IGA and IGD engage in foreign currency hedging to minimize the impact of currency fluctuations [22] - The investment process maintains sector and region neutrality, targeting a dividend yield 15% higher than the benchmark while maintaining a lower beta of 0.85 to 0.9 [16] Market Outlook - The U.S. economy remains resilient despite trade tensions and tariff uncertainties, supported by a robust labor market and manageable inflation [28] - Political changes and trade uncertainties are expected to keep volatility high across asset classes [29] - The expectation is for lower asset class returns due to various macroeconomic factors, including the transition from above-trend growth in the U.S. and China's deleveraging [30][31] Additional Important Points - The funds' management team underwent changes, with key portfolio managers being replaced, but the investment strategy remains unchanged [7][39] - The call writing strategy is designed to support total returns and enhance stability, with adjustments made during periods of market volatility [38] This summary encapsulates the key points from the Voya Financial update, highlighting the company's strategies, performance, and market outlook.