Fri, Jul 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. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  2. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  3. Months to minutes: Enigma launch aims to boost crypto hedge fund creation[more]

    From Coindesk.com: What if starting a hedge fund was as easy as downloading an API? A startup incubated at MIT Media Lab is today revealing a product designed with this ease-of-use in mind. Called Catalyst, the first product offering by blockchain startup Enigma aims to trigger nothing short of an e

  4. North America - Hedge funds disclose their Puerto Rico debt holdings, US dominates new money portion of Greece's debt sale[more]

    Hedge funds disclose their Puerto Rico debt holdings From Reuters.com: A group of hedge funds that hold about $3 billion of Puerto Rico sales-tax-backed debt released a court filing late on Tuesday that revealed how much of the total amount each fund manages. Decagon Holdings LLC,

  5. $25 million cryptocurrency fund launches to capitalize on the "internet of the future"[more]

    From Coindesk.com: General Crypto, a $25 million cryptocurrency hedge fund, has launched to provide high net worth investors with liquid exposure to the cryptocurrency market and digital assets that they believe could run the technological infrastructure of the future. Since the start of 2017, the t