Barclays Capital and HFR Asset Management have partnered on the launch of a managed accounts relationship.
The combined effort brings together HFR Groups managed account platform and client tools with Barclays Capitals distribution, structuring and fund-linked product capabilities.
Under the arrangement, Barclays Capital will offer clients risk management and financing solutions linked to managed accounts on the HFR platform through a variety of bespoke delivery mechanisms, including UCITS funds, certificates, notes, swaps and unit trusts. With more than 1,000 hedge fund strategies available, the HFR platform provides access to hedge fund managers while mitigating some of the risks associated with direct investing.
As investors increasingly focus on the importance of transparency and liquidity, this relationship with HFR enables us to offer customized solutions to institutional investors with the full benefits of one of the leading platforms, says Art Mbanefo, head of equities and funds structured markets at Barclays. By combining our structuring expertise and client relationships with HFRs robust infrastructure and industry benchmarks, we are able to offer a broad range of managed account solutions.
HFRs platform offers clients the ability to segregate assets, access daily independent pricing and review manager due diligence. The platform also provides extensive reporting across portfolio and risk management as well as the ability to regularly monitor investments. Through the Hedge Fund Research database, the company tracks more than 6600 funds and provides more than 100 hedge fund indices which are used as benchmarks throughout the industry.
HFR has experienced considerable growth given the demand for transparency and liquidity offered by managed accounts,” says Joe Nicholas, founder of HFR. “The launch of this new initiative is a natural extension of our existing, long standing relationship with Barclays Capital. We are delighted to offer Barclays Capitals clients the advantages of managed accounts.”
(CG)