According to media reports Generation plans to launch a Luxembourg-based Sicav platform in June and will specialize in multi-manager funds focused primarily on emerging markets.
The move coincides with the rebranding of Arrow Hedge Partners, which will change its name to Arrow Capital Management.
Arrow Capital Management CEO Jim McGovern said they are very excited to be entering a joint venture with Generation Asset Management in London.
"It is a great opportunity for us to extend the institutional platform that we have built in Canada to European investors. We are exceedingly optimistic about the strength of the combined teams," McGovern said.
Arrow managing director & CIO Mark Purdy said in all of their products, they aim to continue offering best-in-class and innovative solutions to meet their investors’ ever-changing investment needs. Capital protection is their first priority, and transparency is at the core of everything they do. These principles will be mirrored in their partnership with Generation.
