Hedge Fund News, Alternative Investment News

SKILLSLAB

RETHINKING MANAGER SELECTION:

SKILL OR LUCK?

Webinar with Cedric Kohler, Head of Advisory at Geneva-based Fundana and Matthias Knab Monday, March 2nd 10 am EST / 4pm CET

Manager selection can make or break your asset allocation, especially with alternatives investments. Because alternative managers have many degrees of freedom (long, short, leverage, cash, any instrument, any country, any investment style, etc.), they end up having a lot more dispersion in their returns compared to long-only managers. Manager selection is thus paramount for a successful investment program.

We will discuss:

  • How do you select good managers?
  • What does "good manager" actually mean?
  • How do you differentiate skill and luck?
  • And when is a good time to exit a manager?
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Apart from its impressive track record, Fundana is especially respected among investors for their manager selection and operational excellence. For example, during the rough period of 2008, the hedge funds of funds advised by Fundana (and thus their clients) had no gates, no suspension of redemptions and no Madoff exposure.

Fundana was founded in Geneva, Switzerland, in 1993 as one of the first independent Swiss institutions fully dedicated to alternative investments. It was instrumental in the creation of the first Fund of Hedge Funds of Swiss jurisdiction.

Fundana is an Alternative Expert Committee Member of the Swiss Funds & Asset Management Association and continues to play an active role in shaping the future of the alternatives industry.