Swiss & Global Asset Management will be in charge of the administration of the product as a private label fund, while the Swiss Hedge Capital will be responsible for the hedge fund management.
The new hedge fund is the first fund of its kind to be authorized by FINMA and to come under regulatory supervision.
According to Swiss & Global Asset Management, the fund is a long/short equity fund and follows an active trading strategy with focus on the current market themes as well as the general trend on the stock markets, and invests predominantly in European blue chips.
Reto Barbarits is in charge of the Swiss Hedge Trading Fund project at Swiss & Global Asset Management.
Swiss Hedge Capital founder and managing partner Gerhard Schreiber said that the future of the hedge fund industry lies in the regulated environment.
"In Swiss & Global, we have found a partner with many years’ experience in setting up complex fund structures. This was the crucial factor in successfully launching the first regulated single-manager hedge fund in Switzerland, satisfying FINMA’s stringent requirements with regard to transparency and investor protection," Schreiber said.
