Lombard Odier Launches New Hedge Fund Products

Contributing Editor

6 July 2005

Lombard Odier Darier Hentsch is to launch in Switzerland its Luxembourg-based multi-advisers range of hedge funds, which comprise five single-strategy funds of hedge funds. Three of these investment vehicles are managed using a long/short equity approach by geographic region (US, Europe, Asia-Pacific), one by means of a macro trading approach (in dollars and euro) and one by a global arbitrage approach (also in dollars and euro). “Depending on the individual needs of each one of our clients, we can combine these different instruments to create a diversified and balanced portfolio, thereby fulfilling, in the area of alternative investment in Switzerland, our vocation to create personalized solutions,” said Daniel Penseyres, head of alternative funds relations at the Geneva-based bank, in a statement. The first LODH Multiadvisers fund, LODH Multiadvisers, a US equity long/short fund, was launched in 1995. Further funds were added to the range up until 2002, when the LODH Multiadvisers—Asia Pacific Equity Long/Short fund was created. Altogether Lombard Odier has around 13 hedge fund products and manages more than SFr6 billion ($4.6 billion) in alternative asset management. This makes it one of the largest hedge fund managers in Switzerland.