Sun, Jul 23, 2017
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. Already above average, Singapore high-networth investors add hedge funds and alternative investments[more]

    Komfie Manalo, Opalesque Asia: An above-average proportion of Singaporean HNW wealth is allocated to alternative investments - the majority of which is held in hedge funds, according to the latest research by ReportLinker. In its report entitled, Wealth in Singapore: HNW Investors 2017

  2. Launches - Crypto boom: 15 new hedge funds want in on 84,000% returns, Crypto madness is striking VCs as Union Square analyst leaves to start new fund[more]

    Crypto boom: 15 new hedge funds want in on 84,000% returns From Forbes.com: With 43 projects raising $1.2 billion in initial coin offerings since May 1, according to Nick Tomaino's The Control, and with stratospheric returns for so many ICOs -- 82,000% for Ethereum, 56,000% for IOTA, 44,

  3. FinTech - The machines are coming... Elon Musk's grim warning, Tezos' $232 million ICO may just be the beginning, A gentle introduction to Initial Coin Offerings (ICOs), Billion dollar tokens, ICOS & crazy market swings WTF is going on!?, How AI is changing the way we invest, How the tech revolution is bringing flip-flops and beanbags to Wall Street, A 'machine-learning' approach to venture capital[more]

    The machines are coming... Elon Musk's grim warning From Tenplay.com.au: Tesla chief Elon Musk has called on US Governors to take 'decisive' action to curtail "the greatest risk we face as a civilization": Artificial Intelligence, or AI. Speaking at a meeting of the National Governor Ass

  4. News Briefs – Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9%, Rwanda: Global hedge fund to increase investments[more]

    Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9% Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert's hedge fund, the retailer said Monday. Sears' stock climbed about 9 percent higher Monda

  5. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi