Saguenay Strathmore promises bespoke solutions for institutional investors
Mon Oct 3, 2011
Rather than selling a pre-packaged product, Saguenay Strathmore Capital sees the future in offering a customised approach to clients’ investments
By Claire Makin
Saguenay Strathmore Capital's chiefs want to make one thing
clear - they do not like to be called a fund of hedge fund
company. This is despite the fact that their $275 million
Saguenay Offshore Fund has gained nearly 7% a year on average
since launch in 2004 with 5.3% volatility.
They feel that the fund of hedge fund label denotes an era
that is quickly passing, where the emphasis for providers lies
in selling a pre-packaged product to clients. Instead, they
believe that their future - and that of the industry - lies in
creating bespoke solutions for institutional investors.
The "really interesting opportunities" now lie in these
customised approaches to clients' investment programmes,
according to Stephen Harper, chief executive officer.
This is not just wishful thinking. The lion's share of
Saguenay Strathmore's $2 billion under management is in
customised solutions and advisory...
ISSN: 2151-1845 / CDC10004H
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