Fri, Apr 20, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Cedric Kohler joins Fundana to design customized hedge fund portfolios

Thursday, September 08, 2011
Opalesque Industry Update – One way to go around the regular fund of hedge funds (FoHFs) model is to create customized mandates. Swiss firm Fundana is starting out in this direction, and has hired a veteran to head this new project.

The veteran in question is Cédric Kohler, former head of hedge fund business at Lombard Odier Darier Hentsch & Cie, a Swiss private bank. He has just joined Fundana as head of its Hedge Fund Advisory group. The objective of this brand-new group is to provide sophisticated investors with tailor-made solutions for their alternative investments.

Cédric Kohler had also been head of portfolio construction at Citadel, a Chicago-based global hedge fund house, and managing director at Merrill Lynch in New York. He graduated at the business schools of the University of Warwick and the HEC in Lausanne.

Fundana is an independent firm based in Geneva that principally advises FoHFs; it currently does so with three FoHFs, which manage a total of $800m in AuM.

As head of Fundana’s advisory group, Cédric Kohler will use the current strategy and manager research carried out by the firm to design highly-customized portfolios for clients in need of a more dedicated solution than a regular FoHFs, says Fundana’s release.

According to Kohler, Fundana’s Flagship mandate (Prima Capital Fund – a long/short equity FoHFs) has returned 72% since Jan 2003 vs. 47% for the S&P 500, with less than half of the volatility. Funds advised by Fundana have been rated by S&P and Morningstar since 2007; the Flagship fund is rated AAA and the multi-strategy fund is rated AA. Furthermore, none of the funds advised by Fundana had any Madoff exposure, gated, created side pockets or suspended redemptions.
Manalo / Gravrand .

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its