Thu, Jul 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Limmat Capital to become investment manager of large balanced fund mandate

Monday, February 17, 2014
Opalesque Industry Update - With a focus on producing stable long-term returns by investing in bonds, equities, precious metals and alternative investments,LIMMAT CAPITAL Alternative Investments AG has been appointed to manage a large balanced fund mandate starting on February 1. Limmat Capital is an independent FINMA regulated investment management firm in Zurich, Switzerland, specializing in liquid long/short equity and balanced fund strategies.

Launched in 2009, the mandated strategy has assets under management of EUR 196 million, bringing Limmat Capital's total assets under management to CHF 360 million. The mandate's goal is the balancing of long-term returns across market cycles and the preservation of capital under difficult market circumstances. "Compounding matters. By 'compounding' we mean the positive, steady, eventless and therefore boring compounding of capital" said Frederick Barnard, head of research and portfolio manager of the mandate, who has been involved in managing this type of mandate since 1995. Liquidity is of paramount importance in the current financial markets. Therefore the vast majority of the strategy's investments are in liquid instruments.

Last year, Limmat Capital delivered profits to the investors for the ninth consecutive year in its equity flagship strategy, maintaining 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. Further, the company was approved by the Swiss Financial Market Supervisory Authority (FINMA) as asset manager of foreign collective investment schemes on January 3. The FINMA license marks another important step towards becoming an internationally recognized multi-disciplinary investment management firm and alternative investment platform.

Limmat Capital has evolved from a proprietary trading boutique into a multi-disciplinary investment management firm with a vision to inspire an inventive culture and achieve the full potential and prosperity for clients, employees and partners.

"The long-term interests of our investors are central to how we approach our business and the way we manage our growth. Including this new strategy, our growth revolves around building and expanding our platform in a controlled and intelligent fashion and gaining this new mandate reflects our approach to running business," added Limmat Capital CEO Raphael Rutz, who is also the company's co-founder. "We believe our focus on delivering consistent long-term positive risk-adjusted returns to our investors will also serve the best interests of our business partners and our firm."

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  5. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

 

banner