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River Capital receives Award for Innovation in Funds Management

Tue, 20 Mar 2012 23:01:43 -0700

The team at River Capital are delighted to have been presented with the Award for Innovation in Funds Management for our Credit Fund and individually managed account service at the 2012 Melbourne Financial Services Symposium.

The Award is sponsored by the Victorian Government and recognises the Victorian based, owned and operated Fund Manager that has demonstrated the greatest innovation in their investment strategies and business operations.

In presenting the 2012 Award, the judging panel commented that “they were impressed that the River Capital Credit Fund is an innovative product which provides access for investors to a range of opportunities from global credit markets which they could not invest in directly themselves. This may be due to a lack of global relationships, the requirement for minimum parcel sizes, difficulties in managing currency and interest rate exposures, or in implementing appropriate custody and settlement arrangements.”

Additionally, the judges acknowledged “that the River Capital Credit Fund had addressed a need for investors with a low risk appetite in the post GFC economy”, and that “investors in the River Capital Credit Fund had been able to achieve a reliable and consistent income stream, with a cash yield exceeding ASX listed hybrids by 3% for comparable or less risk, and with a high degree of capital security over the medium term.”

The Award was accepted on behalf of River Capital by Josh Ackman, Portfolio Manager of the River Capital Credit Fund.

The Melbourne Financial Services Symposium is hosted by the Australian Centre for Financial Studies on behalf of the Victorian financial services community, and is considered the premier annual event for the Funds Management Industry in Melbourne. www.melbournefinancialservicessymposium.com.au

River Capital partner Murdoch Childrens Research Institute Art for Science

Tue, 20 Sep 2011 15:58:40 -0700

Since 2005, River Capital has proudly supported Art for Science and are pleased to confirm their involvement for 2011. Art for Science is one of Australia’s premier charity art auctions with 100% of all proceeds donated to the Murdoch Childrens Research Institute (MCRI).

The biennial event has attracted artwork donations from prominent Australian artists raising almost $1 million for MCRI since its inaugural auction in 2005. Artworks are auctioned at a ticketed event with all proceeds raised being donated straight to the research and work of the Institute.

This year’s donated artwork comes from featured artists like Sam Leach, Andrew Browne, Michael Zavros, Sally Ross, Darren Sylvester, Jon Campbell, Brook Andrew and Steven Harvey.

All of the 60 donated artworks will be exhibited at the Nellie Castan Gallery from the 11-14th October before being auctioned off at the Art for Science event on 15th October at Luminare in South Melbourne. This ticketed event promises to be a special night.

River Capital, as a founding sponsor is pleased to be involved with such a worthwhile cause that assists in such invaluable research.

We encourage everyone to take a look at the donated artworks online or at Nellie Castan Gallery and show their support for this admirable cause.

For more details go to the Art For Science website

SAVE THE DATE - River Capital AGM - 28th July 2011

Thu, 09 Jun 2011 13:30:00 -0700

The 2011 River Capital AGM will be held on Thursday 28th July at 5pm. Our keynote speaker this year will be Bevan Slattery, Managing Director of NextDC. Bevan is a key player in the fast growing Australian cloud computing and data centre markets.

This follows the great response to last year’s speaker, Vaughan Bowen from M2 Telecommunications, whose share price has increased over 100% in the past 12 months.

Location: Garganey Suite, The Como Melbourne, 630 Chapel Street South Yarra Victoria 3141.

RSVP by 22 July to agnes@rivercapital.com.au

or phone (03) 9825 5111

We look forward to seeing you at our AGM.

If you would like to know more, please contact us.

Value Investing Congress 17 - 18 October, 2011

Thu, 09 Jun 2011 13:00:00 -0700

What is the Value Investing Congress? The Value Investing Congress is the place for value investors from around the world to network with other serious, sophisticated value investors and benefit from the sharing of investment wisdom.

The world-renowned faculty of successful investors present timely investment ideas, examine key concepts of value investing, and reflect on past misjudgments to help you become a more successful investor.

www.valueinvestingcongress.com

The Perpetual Wall of Worry | Pragmatic Capitalism

Thu, 09 Jun 2011 12:00:00 -0700

Here’s a nice chart from Fidelity Investments showing the perpetual struggles that the global economy and the equity markets have endured over the last 40 years. It shows that economies will enter substantial periods of hardship, however, if the citizenry are moving in the right direction, they are likely to continue making progress. After all, when taken to an extreme that is the story of man. We innovate, overcome, survive.

Many readers might think of me as a pessimist because I tend to focus on the negatives. As I’ve described before, butterflies and rainbows don’t ruin your day. It would be easy to focus on the positives during the climb to the top of the investment mountain. But it’s not the butterflies and rainbows that get in your way. It’s the loose rocks. And if you’re not keeping an eye out for them they’ll ruin more than your day. In managing your downside risks you actually increase the odds of greater upside.

And while this isn’t an advertisement for “buy and hold” or similar approaches it is an advertisement for common sense and good risk management. Common sense says that mankind will always wake up in the morning attempting to be better than he/she was yesterday. Fighting this powerful trend through persistent pessimism might pay-off in the short-term, but it is guaranteed to lose in the long-term. And a good risk manager knows there will be bumps along the way. Plan accordingly.

12 May 2011 by Cullen Roche

Source: Fidelity

http://pragcap.com/the-perpetual-wall-of-worry