Thu, Jun 4, 2020
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. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M

  2. PE/VC: Private equity in the Covid-19 crisis, Carlyle's Africa dealmakers leave to start their own buyout firm, UK asset managers plan shift to off-market strategies including private equity[more]

    Private equity in the Covid-19 crisis From Morning Star: Private equity investment trusts invest in unquoted companies not yet listed on the stock market. How have they fared in the sell-off? Investment trusts have been caught up in the market turmoil of recent months and private equit

  3. New Launches: Apeira Capital seeks $200m for hedge fund-like bets, PIMCO filing reveals ESG fund launch could be ahead, BEA Systems co-founder launches venture fund, Salesforce Ventures launches $125m Europe Trailblazer Fund, The D. E. Shaw group closes first onshore China investment fund, Legg Mason and ClearBridge launch non-transparent ETF, Hong Kong-based asset manager MaiCapital launches actively managed bitcoin hedge fund[more]

    Apeira Capital seeks $200m for hedge fund-like bets From Bloomberg: Natalie Hwang, the former head of Simon Property Group Inc.'s venture capital arm, has launched a new firm and is seeking $200 million for a debut fund. Hwang has been discussing the vehicle with prospective investors, ac

  4. New Launches: Hedge fund Angelo Gordon raising $1.5bn for distressed energy debt, Amundi unveils eight new funds as part of ESG ETF range push, Mezzanine Management gears up for direct lending fund[more]

    Hedge fund Angelo Gordon raising $1.5bn for distressed energy debt From Reuters: Hedge fund Angelo Gordon & Co aims to raise as much as $1.5 billion to buy the debt of distressed oil and gas companies, according to a person familiar with the matter and an investor presentation viewed by R

  5. Tech: Robos fail their first big test, 'Video is fine': Venture capitalists find the benefits in digital due diligence[more]

    Robos fail their first big test From Advisor Perspectives: Robo-advisors faced their first big challenge with the bear market in the first quarter of 2020. They lost, and that is an ominous sign for the future of automated advice. All robos employ a degree of active management. They