Page 15 - Absolute Return News Today

As groups report on their progress, Investment Week looks at the trading updates for asset managers and investment platforms

Share The offer represents an implied value for the trust of £21.6m Custodian Real Estate Investment Trust (CREI) has made a possible offer for the illiquid Drum Income Plus REIT (DRIP), of which Seven Investment Management (7IM) is the majority shareholder as it sits within their suspended Absolute Return and Income portfolios. While the offer is currently theoretical, both 7IM and the board of DRIP have stated they would support the bid under the terms suggested in the possible offer stateme...

The firm, which had $5 billion in assets under management, would now be run by Allfrey and Raaz Bhuyan who joined the firm as a principal in 2014, also from Colonial First State. It ran a flagship Australian Share fund which was launched in 2006 followed by Absolute Return then the Dynamic Australian Equity launched in 2009. The Dynamic fund was the winner in the Long/Short Equities category at last year’s Money Management Fund Manager of the Year awards. According to FE Analytics, the Austr...

Odey AM chairman steps down after two decades David Fletcher to stay on as a senior adviser to Crispin Odey’s $2.9bn hedge fund firm David Fletcher is stepping down as chairman of Odey Asset Management,  Portfolio Adviser has learned.   Fletcher, who has been chairman of Crispin Odey’s eponymous boutique since 1998, will stay on as a senior adviser to the business and will continue to serve on various committees, including the executive committee, according to a spokesperson. He first j...

Crispin Odeys hedge fund firm has bucked the green investing trend by backing a Norwegian oil company – and betting against a renewable energy stock.  One of the City Brexiteers top fund managers, James Hanbury, has put investors money into £7.9billion firm Aker BP.  According to documents seen by The Mail on Sunday, Hanbury bought the stock because of its low price, high quality management team and potential for cost-cutting. Meanwhile, Hanbury has bet that the share price of Ballard Pow...

Argonaut Capitals Barry Norris says this year will be better for old economy company, value and commodities investors and one asset that could be hit hard is cryptocurrency.

Schroders flags poor performing multi-manager range in value report for second year running Second AoV report finds nine of the FTSE 100 firm’s funds did not consistently demonstrate value Schroder’s multi-manager team faces tough questions as the majority of its funds have been flagged for poor performance for the second year running. In the FTSE 100 asset manager’s second assessment of value (AoV) report its fund board determined that 80 out of 89 funds had demonstrated value. But once...

We broadly think about the sector as a collection of three sub-sectors: quantitative/systematic, alternative, and traditional. At Latitude Investment Management, we sit firmly in the last category.  Many funds deploy quantitative or systematic strategies, often using a long-short equity or relative value approach to time markets and generate returns for investors. The benefit is a lower correlation to major asset classes, although the potential for miscalculating risk can lead to sharp drawdow...

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Janus Henderson Group plc (JHG) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Janus Henderson Group plc (NYSE: JHG) Popular Searches Operator Good morning and welcome to the Janus Henderson Results Briefing Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Mr. Dick Weil, CEO. Pleas...