Tue, Jul 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Better to have best managers in unattractive strategies than mediocre managers in best strategies

Wednesday, October 16, 2013

amb
Umberto Boccato
Benedicte Gravrand, Opalesque Geneva:

Umberto Boccato, CIO of Alternative Investments at Mirabaud, an international financial group that offers private banking and asset management services, talks to Opalesque from his Geneva offices about the company’s funds of hedge funds.

Mirabaud was one of the first Swiss banking establishments in the 1970s to invest in hedge funds. Its Asset Management unit is one of those funds of hedge funds firms that don’t just run funds of hedge funds but also offer advisory and recommendations and due diligence services as well as specific mandates and managed accounts. It manages $5 billion of which $2.5 billion are through funds of hedge funds or managed accounts. Five funds of hedge funds invest in 120 underlying funds, and are managed by a team of 20.

Umberto Boccato: The common underlying theme of our product is, we see them more as a vehicle to give access to our clients to what we think some of the best talented managers. And what we favour in terms of managers is obviously experience. The other feature that we look for is alignment of interest, so we welcome a lot of managers who put their personal wealth in the fund; they are much more focused on compounding their wealth rather than just seeking to gather assets.

Opalesque: Yes, and you also select managers ......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe