Schroders has signed an agreement with Integra Capital to exclusively represent Schroders’ existing hedge fund-of-funds product to institutional investors in Canada.
The fund will be available through the “Integra Global Advisors” platform which offers a broad spectrum of leading traditional and alternative investments. This is Schroders’ first major ‘distribution agreement’ for alternative investments in North America. Schroders currently offers three single-strategy hedge funds in Canada, covering a range of strategies designed to meet the varying needs of institutional investors.
Graham S. Rennie, CEO, Integra Capital Management, commented: “Canadian institutions continue to broaden their horizons in a search for global management expertise. As a global leader with an established track record of innovation, Schroders is an ideal partner for us in this environment. We believe that Schroders is an ideal partner for Canadian pension plans looking for diversification, global reach and deep investment resources.”
Derek Doupe, Schroders Executive Director Fund of Hedge Funds, said: “Integra has tremendous distribution power as well as demonstrated expertise in alternative investments. We are pleased to be partnering with them and look forward to working closely with them as we roll out our fund of hedge fund products to institutional clients in Canada.”