There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Iveagh will be responsible for building and managing an investment management team and developing the process for the selection of new managers, with a focus on seeding Asian and emerging markets managers.
Iveagh will also become a cornerstone investor in Triple A PartnersÆ new seeding fund which will close its initial capital raising with around $150 million of assets in end-December, which is expected to seed up to eight new managers. A secondary closing of a similar amount is expected to be held in the second half of 2008. Iveagh has managed a global seeding platform, Arundel Emerging Managers, since 2004
The financial terms of the partnership were not disclosed.
With around $800 million under management, Iveagh has the Guinness family as a major shareholder and principal client. It provides investment management and advisory services to a select group of individuals, families and institutional investors. It is an independent company that is owned by its partners and strategic clients and is authorised and regulated by the UK Financial Services Authority. It covers all types of strategies,
from traditional equity funds to highly specialised hedge and private equity funds.
Triple A Partners is a joint venture among its management team Hans Tiedemann, Paul Smith, Roger Pyrke and investment group CLSA, with offices in Hong Kong, Los Angeles and London. It owns, distributes and seeks new investment management businesses in Asian and emerging markets.
Tiedemann, who is chairman of Triple A Partners, notes that Iveagh will bring into the partnership its marketing and investment strengths.
Iveagh CEO Paul Ross, for his part, notes that Triple A Partners will boost the partnershipÆs efforts to access and invest in new seeding opportunities in Asia.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.