Lombard Odier To Move Funds Of Funds To Managed Account Platform

Jul 29 2011 | 11:21am ET

Lombard Odier Investment Management is ditching funds of hedge funds for funds of managed accounts, hiring a former Eddington Capital Management and EFG Asset Management manager to handle its new platform.

The asset management arm of Swiss private bank Lombard Odier Darier Hentsch & Cie will migrate its three funds of funds to its new AMP platform, HFMWeek reports. The firm set up the new platform earlier this year.

Overseeing the move will be Richard Sharman. Sharman, who spent the last seven years at Eddington as a senior fund of funds manager, will serve as portfolio manager for AMP.

The change is expected to be completed by the end of next year. Sharman will start with Lombard Odier's Alpha Strategies fund of funds before moving on to its Global Equity Long/Short Fund and its Caesar Fund. When the project is competed, AMP is expected to have about 50 managed accounts.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of