Fri, May 29, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Flexibility, innovation are the 'new name of the game’ for funds of hedge funds

Friday, February 07, 2014

Komfie Manalo, Opalesque Asia:

Participants at the latest Opalesque Roundtable Geneva agreed that flexibility, innovation and research must come into the equation if funds of hedge funds are to thrive.

Arié Assayag, Global CEO of Union Bancaire Privée Alternative Investments, a fund of funds branch of the Swiss bank, said that UBP had developed unique proprietary functions that allow them to reduce unwanted risk, which is done via overlays, using options and volatility instruments in an opportunistic way.

However, he said that what makes UBP different is not so much the ability to reduce risk, but to actually take risk. "We have decades of investment experience with hedge funds, and while, as I explained, hedge fund investments can include risks that we don’t want, in many cases there are risks that we feel an investor should gain exposure to. For those reasons we have developed a program where basically we are adding or reducing exposure to a specific macro theme or risk," he explained.

For the alternative investment industry, "the new name of the game is obviously to be more flexible and provide flexible solutions for everyone,"said Patrick Fenal, deputy chairman of Unigestion, a boutique asset manager with almost $15bn in AuM.

"While UBP has de......................

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: New TMT hedge fund adopts the long-term approach[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Adam Parker founded Center Lake Capital LLC in New York in November 2014. Before that, he was portfolio manager at Point State Capital (the successor fund to Dr

  2. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Iceland’s failed banks face a tax that targets the lenders’ estates as the government prepares to unveil its plan for exiting capital controls in t

  3. Investing - Nelson Peltz’s Trian Fund Management reduces position in Legg Mason, Biotech investors up big amid bubble talk, Hedge funds increase exposure in healthcare[more]

    Nelson Peltz’s Trian Fund Management reduces position in Legg Mason From Octafinance.com: Trian Fund Management has filled a SC 13D/A form regarding Legg Mason, Inc. Per Nelson Peltz’s Trian Fund Management’s filing, the filler reported decreased stake in the company by -11.05% to 11,03

  4. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AM’s latest Weekly Briefing, in t

  5. Billionaire hedge fund investor Odey says April 'bloody', has cut risk[more]

    From Reuters/Yahoo.com: Billionaire hedge fund manager Crispin Odey has cut risk and leverage following a stunning 19.3 percent loss in his 3.1 billion euros (2 billion pounds) Odey European Inc fund in April, a letter to investors seen by Reuters showed. Describing the month as "bloody", Odey

 

banner