Thursday, 28 August 2014
Last updated 7 hours ago
Nov 10 2011 | 12:37pm ET
Geneva-based SYZ Asset Management, the institutional asset management division of the Swiss banking group SYZ & CO, will offer managed accounts (segregated funds) on a UBS platform it had a hand in developing.
UBS Investment Bank will operate the platform while SYZ will perform multiple roles, including, as mentioned, proposing and selecting managers to be included on the platform, and managing alternative investment mandates and other investment vehicles whose assets will be placed on the platform. SYZ will also launch new investment solutions using the platform’s managers. In a statement announcing the new platform, SYS says these will include a “novel multi-manager product, combining two specific strategies” which it will launch soon.
The Swiss money manager says it chose the UBS platform for its flexibility, extensive reporting and highly sophisticated risk management. SYZ says the UBS platform is attractive to hedge fund managers because it does not necessarily require them to change their liquidity frequency or prime broker, enabling them to retain the same strategy as in their original fund.
Founded in 1996 by Eric Syz, Alfredo Piacentini and Paolo Luban, the Swiss banking group SYZ & CO manages assets worth EUR 19.5 billion and employs a staff of 430. In addition to the bank’s headquarters in Geneva, the group also has offices in Zurich, Lugano and Locarno, and internationally in Milan, Rome, Madrid, Barcelona, Bilbao, London, Luxembourg, Paris, Vienna, Nassau and Hong Kong.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...