Bringing you live news and features since 2006 

Man invests USD50m in 5:15 Capital Management’s flagship product

RELATED TOPICS​

Man Investments has made a USD50m long-term investment in 5:15 Capital Management’s flagship product through its hedge fund ventures programme.

Man Investments has made a USD50m long-term investment in 5:15 Capital Management’s flagship product through its hedge fund ventures programme.

5:15 Capital Management is a Greenwich, Connecticut based asset management firm that employs global fixed-income arbitrage strategies with a macro overlay.

‘5:15’s team, its strategy and its existing portfolio fit well with RMF Global Emerging Managers’ continuing programme of investing in emerging fund managers,’ says Hans Hurschler, head of hedge fund ventures at Man. ‘We are happy to have identified this promising new manager early in its development and we are confident that 5:15 will provide superior returns for its investors.’

EG Fisher, managing partner and portfolio manager at 5:15, says:  ‘Attracting Man as a long-term investor brings more than just substantial investment capital, it demonstrates their confidence in our ability to succeed in the fixed-income arbitrage space. Man clearly sees the opportunity in investing in a firm in which its employees have a long working history and solid record.’
 
5:15’s team has a long profitable record, having served as the core of Greenwich Capital Markets’ successful proprietary trading business and Brevan Howard’s Connecticut office for the past 16 years. During this period they have generated consistent positive returns without a down year and never had more than three consecutive down months. 

5:15 invests primarily in G7 government bonds and related highly liquid products with fully transparent pricing. It employs a two pronged trading system: the first is an arbitrage approach whereby discretionary trades are evaluated and structured via proprietary models to perform well in the current global market; the second is a macro approach where the team’s arbitrage expertise is leveraged to structure the trades such that their risk/return profiles are optimised. 

Man has invested in 5:15’s flagship fund through its RMF GEM product. Man’s interest in the fund will entitle it to certain beneficial rights not available to other investors, except in certain limited circumstances, including the ability to run shadow risk management and fund administration systems, Most Favoured Nation status, and a share of the performance allocations.
 
Man will not be able to redeem its investment from 5:15’s fund until 30 June  2011, except in certain limited circumstances.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by