Thu, Aug 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Swiss private bank Clariden Leu to launch UCITS fund of hedge funds with Olympia Capital

Monday, August 30, 2010

amb
Stéphane Julen
Benedicte Gravrand, Opalesque London:

Swiss Private Bank Clariden Leu is launching a UCITS fund of hedge funds on August 31st in association with hedge fund specialist Olympia Capital Management, Stéphane Julen, Head of Hedge Funds at Clariden in Zurich, told Opalesque.

The fund will be called Clariden Leu (Lux) Liquid Alternatives Fund.

Olympia Capital, a fund of funds house with offices in Paris, New York, London and Zurich, will focus on the due diligence of the UCITS funds.

Olympia’s most recent product was a hybrid fund (focused on tackling liquidity problems) called the Dynamic fund, launched in March this year. (See our May-2010 Opalesque Exclusive: Olympia Capital finds profit in risk-regime based portfolio here).

The Clariden Leu (Lux) Liquid Alternatives Fund will be domiciled in Luxemburg, with share classes in USD, EUR and CHF. The aim of the fund is to invest in UCITS compliant funds across multiple alternative strategies, but it will naturally have a bias towards more liquid strategies such as equity long/short and global macro. As the UCITS universe grows, the fund range will be more diverse.

The Swiss bank is planning to register the product for distribution throughout most of Europe including Switzerland, France, Germany, Austria, Ital......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord