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Palaedino Asset Management Advisory Board member Cedric Tille nominated at the Bank Council of the Swiss National Bank

Monday, June 27, 2011

Cedric TILLE
Opalesque Industry Update - The Geneva based Asset Management firm Palaedino Asset Management today announced that Mr. Cedric Tille, who is currently member of Palaedino Asset Management Advisory Board, has been nominated at the Bank Council of the Swiss National Bank during the 103nd Ordinary General Meeting of Shareholders of the Swiss National Bank held on 29 April 2011.

Mr. Tille is professor at the Graduate Institute of International and Development Studies in Geneva. He was previously research officer in the International Research section at the Federal Reserve Bank of New York. Mr. Till holds a doctorate from Princeton University and a master in economics from the University of Lausanne.

Leonardo Castellana a founding partner of Palaedino group: "We are honoured to have on our Board a member of the SNB Bank Council and are convinced that his contribution to our positioning and our investment process will continue to add tremendous value to our clients and business partners."

The Palaedino Asset Management Advisory Board meets on a quarterly basis to discuss macro economical and geopolitical trends, asset allocation, investment strategy and business development in relation to the companys activities.

Palaedino Asset Management is an independent company managing assets for institutional clients and high net worth families. The company is part of the Palaedino Group a multi-family office set up in 2006 by skilled professionals. The group oversees more than CHF 1.1 billion of which CHF 500 million are in UCITS funds. Palaedino Asset Management specializes in inventive strategies with a focus on capital preservation.

(press release)

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