Sun, May 28, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers February 2017

PERSPECTIVES: Views and research

Motivation is key for this hedge fund allocator

According to an experienced hedge fund investor in Geneva, those hedge funds that have the right working spirit and real engagement from employees and partners are the ones to invest in. Start-ups that claim to replicate their previous job's strategies, that struggle with the fees, or that rely on their first-year returns in their sales pitch may not necessarily be the right choice.

"We like hedge funds run by people that are completely committed to their business and engaged to deliver proper returns," said HilmiUnver, head of ultra-high-net-worth and family office at NotzStucki, during the recent Geneva Opalesque Roundtable. "I was in London for two days where I went to visit the ones that are my highest convictions, and those people always give me the same impression. Those managers and their key staff have a large amount of their own money in their funds, and they are extremely committed to provide an attractive working place for all of their employees so that they feel happy to come in the morning and motivated to work on the next big idea that will allow them to extract alpha."

NotzStucki is an independent asset management company formed in the 60s that manages roughly CHF8bn ($7.94bn). The firm was a pioneer in investing in hedge funds and co-manages one of the oldest funds of hedge funds, called Haussmann, with Bank Mirabaud and BancaCeresio.

Unver went on to say that, like all allocators, he has made mistakes over the years and learned from them. One of the popular mistakes was allocating to some managers "that were not prime." They were second or third generation managers that had spun out of an established hedge fund that hard-closed, and they claimed they could duplicate what they had done before. "Very few managed to deliver,......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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 - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  2. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  3. Investing - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  4. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  5. Opalesque Roundtable: France's hidden strengths in AI and machine learning[more]

    Komfie Manalo, Opalesque Asia: All nations offer their strengths and weaknesses, but one that is undisputed is the quality of the French scientists, claimed Guillaume Vidal, co-founder of French technology startup Walnut Algorithms at the