| 28.01.2009 Opalesque Exclusive: Swiss FoHFs house Prodis Advisors losses 60% of assets to credit and Madoff crises, redemptions |
| From the Opalesque Team: Prodis Advisors, a fund management firm specialising in alternative investments with offices in Zurich and Geneva, has seen its AuM reduce by 60% since the beginning of the credit crisis in early 2007. Assets went from $1bln to $350-$400m, according to Swiss daily Le Temps. The company has also had to reduce its personnel too, from 24 to 13 people. Losses were part |