Sat, Oct 25, 2014
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   |   

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t