In a move to communicate its offerings more directly, Arrow renames its funds and fund families.
TORONTO, Nov. 1 /CNW/ - Arrow Hedge Partners Inc. today announced a new marketing strategy for its funds and fund families, showcasing the range and specific makeup of its investment solutions. The changes include new fund names designed to highlight the portfolio management firm running the funds, and an overall re-categorization of the funds to better identify their primary focus.
The Arrow Hedge offering consists of four principal funds that use a fund of hedge funds approach to investing and 14 single-manager hedge funds that invest following specialized investment mandates.
"The new categories and names better reflect Arrow's business activity," said James McGovern, Managing Director and Chief Executive Officer of Arrow Hedge Partners Inc.
Arrow's funds will now be classified under four categories. Funds of hedge funds will be included in the "Portfolio Series," while single-manager hedge funds will be grouped under the "Global Series," "North American Series" and "Income Series."
------------------------------------------------------------------------- Old Fund of Funds Name New Name Category Description ------------------------------------------------------------------------- Arrow Multi-Strategy Arrow Portfolio Diversified Multi- Diversified Series Strategy ------------------------------------------------------------------------- Arrow Maple Leaf Arrow Maple Portfolio Canadian Multi-Strategy Canadian Leaf Series Canadian ------------------------------------------------------------------------- Arrow Focus Arrow Focus Portfolio Concentrated Global Series ------------------------------------------------------------------------- Arrow Enhanced Income Arrow Portfolio Diversified Fixed Income Enhanced Series Income ------------------------------------------------------------------------- Old Single-Manager Name New Name Category Asset Allocation ------------------------------------------------------------------------- Arrow 360 Global 360 Global Global Long/Short Equity Long/Short Series ------------------------------------------------------------------------- Arrow Enso Global Enso Global Global Long/Short Equity Series ------------------------------------------------------------------------- Arrow Act II TMT Act II North Long/Short Equity New Media American Series ------------------------------------------------------------------------- Arrow AFC Capital AFC Capital North Equity Market Neutral American Pairs Series ------------------------------------------------------------------------- Arrow Burlington Burlington North Long/Short Equity Capital Capital American Series ------------------------------------------------------------------------- Arrow Curvature Market Curvature North Equity Market Neutral Neutral Market American Neutral Series ------------------------------------------------------------------------- Arrow Distressed Distressed North Distressed Securities Securities Securities American Series ------------------------------------------------------------------------- Arrow Goodwood Goodwood North Long/Short Equity Value American Series ------------------------------------------------------------------------- Arrow JC Clark JC Clark North Long/Short Equity Opportunities Opportuni- American ties Series ------------------------------------------------------------------------- Arrow RCM Special RCM North Special Situations Situations Opportuni- American ties Series ------------------------------------------------------------------------- Arrow Tetra US Tetra US North Long/Short Equity Long/Short Long/Short American Series ------------------------------------------------------------------------- Arrow High Yield Arrow High Income High-Yield Bonds Yield Series ------------------------------------------------------------------------- Arrow Marret Resource Marret Income High-Yield Bonds Yield Resource Series Yield ------------------------------------------------------------------------- Arrow US Equity Income COR US Income High-Yield Equity Equity Series Income -------------------------------------------------------------------------
The Portfolio Series includes four multi-manager funds. Each one is constructed and managed to provide stable long-term results and to preserve capital in down markets. Arrow's flagship fund, Arrow Multi-Strategy Fund, launched January 1, 2002, has been renamed Arrow Diversified Fund. The Fund is a globally diversified portfolio that comprises 25 to 30 hedge funds across four broad strategies; offers full position-level transparency; and is fully hedged back to Canadian dollars to mitigate currency risk.
Most of the single-manager fund names have been simplified by removing the "Arrow" designation. "We wanted to showcase these managers' independence and distinct investment styles," said Mark Purdy, Managing Director and Chief Investment Officer of Arrow Hedge Partners Inc. "All our single managers are held to Arrow's conservative risk exposure limits: low leverage, high liquidity and 100% position-level transparency. All have been carefully selected based on their credentials, track record and area of expertise. Accredited investors can access these specific strategies directly to fit their own risk tolerance."
Investors are invited to further explore these funds and Arrow's diverse range of single-manager strategies by visiting Arrow's website or contacting their investment advisors.
About Arrow Hedge Partners Inc.
Arrow Hedge Partners Inc. is an investment management company that specializes in providing access to high-quality hedge fund managers and multi-manager funds of funds to a wide range of clients, including family offices, institutions, pension funds and high net-worth individuals. Arrow Hedge Partners Inc. is a member of AIMA (Alternative Investment Management Association) and is a substantial co-investor in its own funds. Arrow Hedge Partners Inc. is headquartered in Toronto, Canada, with sales offices in Vancouver, Calgary and Geneva. Arrow Hedge currently manages over CDN$850 million on behalf of high net-worth and institutional investors globally.
For further information: Arrow Hedge Partners Inc., Jim McGovern, (416) 323-0477 ext 222, [email protected]; Mark Purdy, (416) 323-0477 ext 223, [email protected]
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