Tue, May 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Limmat Capital announces 9th consecutive profitable year for flagship strategy

Tuesday, February 04, 2014
Opalesque Industry Update - Striving to deliver consistent profits to investors, LIMMAT CAPITAL Alternative Investments AG, an independent FINMA regulated investment management firm in Zurich, Switzerland, specializing in liquid long/short equity and balanced fund strategies, achieved the ninth consecutive positive year. Further, Limmat Capital has produced a strong risk-adjusted return of 13% p.a. with a maximum draw-down of 5.3%, no down year and a lifetime Sharpe Ratio of 2.0 since inception in 2005.

"Our company has enjoyed such success thanks to our team's long-term trading experience, vast knowledge of the European markets and diverse backgrounds," said Limmat Capital CEO Raphael Rutz, who is also the company's co-founder and portfolio manager. "We are incredibly pleased to be recognized for our special emphasis on risk management and ability to generate stable returns and operational excellence."

Limmat Capital's flagship equity strategy employs a tactical long/short equity trading approach that uses both alpha and beta sources of return. The current strategy assets under management stand at CHF 120 million.

"Further keys to our performance include our combination of uncorrelated return streams across both short-term and medium-term time frames plus our active exposure management, a proven disciplined risk and portfolio management framework with strict loss management," Rutz added.

Limmat Capital's portfolio managers express their views through market directional trading positions, momentum and fundamental investing, as well as market-independent stock-specific event-driven positions. The teams' professional backgrounds include floor and proprietary trading, fundamental, quantitative and technical research, and hedge fund research and due diligence. The portfolio managers have an average of 24 years' experience in the financial industry.

"While 2013 was a challenging year for trading funds due to low volatility and the lack of larger trading ranges, Limmat Capital is optimistic about upcoming opportunities," said Ramon Huber, co-founder and co-portfolio manager.

"Looking back at 2013, monetary policy was the key driver of economic activity supporting asset price inflation. Looking into 2014, we are convinced more than ever that, as we move out of the hope phase and into the growth phase of the equity cycle, further gains in European equities need to be supported by earnings growth. We believe that the alpha generation should be a more important component to overall returns in the year ahead," added Frederick Barnard, head of research and co-portfolio manager.

Limmat Capital

Press Release

BM

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. Other voices: What current trends tell us about the future of the hedge fund industry[more]

    By: Don Steinbrugge, Agecroft Partners The following comments are excerpted from Agecroft Partners’ Don Steinbrugge’s presentation delivered at the 69th CFA Institute Annual Conference held on May 9th, 2016 in Montreal. In Mr. Steinbrugge’s session titled "What Current Trends Tell Us about th

  2. Investing - Steve Cohen boosted Sotheby’s stake to $86 million last quarter, Larry Robbins' hedge fund sells off all CHS, UHS hospital stocks, Tiger Global cut stakes in Amazon, JD.com, Apple last quarter, Invest in real estate near biotech hubs, Prudential’s Hyat says, Valeant: A hedge fund hotel wrecking ball[more]

    Steve Cohen boosted Sotheby’s stake to $86 million last quarter Billionaire trader and art collector Steve Cohen is on a buying spree of Sotheby’s shares. Cohen’s Point72 Asset Management acquired 1.2 million Sotheby’s shares, bringing its total to 3.2 million valued at $86.1 million at

  3. Legal - Boaz Weinstein wins round in fight with Canada’s PSP[more]

    From FT.com: Boaz Weinstein, the hedge fund manager credited with spotting JPMorgan’s “London Whale” in 2012, has won a round in a legal battle with Canada’s Public Sector Pension Investment Board that had become a test case of responsibilities when clients withdraw money. PSP sued Mr Weinstein and

  4. Regulatory - The latest Fannie and Freddie reform bill offers a bonanza for hedge funds[more]

    From WSJ.com: The latest housing finance reform bill making the rounds on Capitol Hill offers a bonanza for hedge funds seeking to cash in on their investments in Fannie Mae Mae and Freddie Mac—but the cost to taxpayers would be steep. Congressman Mick Mulvaney, the South Carolina Republican, introd

  5. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera