Newgen Asset Management LTD
NewGen Asset Management Ltd is an employee-owned alternative investment manager based in Toronto, Ontario, Canada. Founded to offer an alternative to traditional long-only investment strategies, the firm specializes in absolute return strategies targeting consistent, uncorrelated returns and capital preservation. Registered with the Ontario Securities Commission as a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer, NewGen serves institutions, family offices, retail advisors, and high net worth individuals. The firm is known for its disciplined risk management and fundamental research-driven approach. As of early 2025, NewGen employs approximately 13 people.
Investment Strategy
NewGen Asset Management Ltd focuses on absolute return strategies, aiming to provide consistent, uncorrelated returns with a strong emphasis on capital preservation and defensive market exposures. Their approach is rooted in active fund management driven by a rigorous fundamental research process to identify market inefficiencies. The firm consistently applies a disciplined risk management framework designed to minimize downside volatility and preserve capital, while maintaining low correlation with traditional asset classes. NewGen seeks to deliver alpha-driven returns with minimized market beta, serving a diverse client base of institutions, family offices, retail advisors, and high net worth individuals.
Top Holdings
Equity Positions (17)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
U USAS | AMERICAS GOLD AND SILVER CORP | 14.53% | $25.9M | 32,100,000 | $0.50 | $0.81 | +$9.3M |
C CCJ | CAMECO CORP | 7.99% | $14.3M | 192,000 | $74.23 | $74.23 | +$14.3M |
C CLS | CELESTICA INC | 7.87% | $14.0M | 90,000 | $95.99 | $156.11 | +$8.5M |
B BB | BLACKBERRY LTD | 6.93% | $12.4M | 2,700,000 | $4.08 | $4.58 | +$6.0M |
S SAND | SANDSTORM GOLD LTD | 5.27% | $9.4M | 1,000,000 | $9.40 | $9.40 | +$9.4M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
H HYG | ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF | Sold | Put | $16.1M | 2,000 | $80.65 | $78.89 | -1,500 | -$11.5M |
C CNQ | CANADIAN NATURAL RESOURCES INC | — | Call | $9.4M | 3,000 | $31.40 | $30.80 | 0 | +$180.0K |