Lombard Odier Investment Managers’ internal hedge
fund operation has passed the three-year mark and continues to
be in growth mode with its flagship 1798 Fundamental Strategies
The market-neutral multi-strategy fund, managed by
LOIM’s chief investment officer for equities, Aziz
Nahas, has now passed the $1 billion assets milestone and ended
2010 with a solid 8.7% return in a tricky and challenging
The fund invests primarily in equities and corporate credit
across seven separate long/short equity books spanning global
industrials, global healthcare, global technology, US
financials, US consumers, emerging markets and European
equities. Alongside these equity-focused strategies are three
other strategies devoted to US events, convertible long/short
and US special situations.
The composition of the fund is actively managed –
with Nahas allocating money to, away from, his sub-teams based
on the opportunity set for their strategy.
The fund launched in November 2007 –...