Mirabaud takes the trusted adviser road in its pursuit of excellent managers
Fri Jul 5, 2013
With unlimited liability, the private bank is all about skin-in-the-game
By Claire Makin
As a fiduciary, Mirabaud Asset Management believes it has a
clear duty to clients to draw on the best investment expertise
available in the market. That includes hedge funds - not for
their ability to plug gaps in a risk budget, but for the
old-fashioned reason that many of them are run by excellent
"My mission is to identify the best money managers, which
happen to be hedge funds," says Umberto Boccato, head of
alternatives at Mirabaud Asset Management, which is part of the
Geneva private bank Mirabaud & Cie.
Mirabaud's main business is managing money for its clients
through its private wealth and institutional asset management
businesses. It also has a small brokerage and corporate finance
arm. The bank had a total of $26 billion under management at
the end of 2012, a slight increase over the previous year,
ISSN: 2151-1845 / CDC10004H
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