Hedge Funds

Horizon 21 spin-out Active Alpha builds base


Pfaffikon-based equity boutique’s principals believe their nimble trading-oriented approach and low correlation with markets offer substantial diversification benefits

Daniel Schweizer
Active Alpha, the Switzerland-based hedge fund firm led by a group of senior former UBS executives that span out from ex-RMF founder Rainer-Marc Frey’s Horizon21 group last year, is building a solid track record with its flagship long/short equity trading strategy six months after starting out as an independent equities boutique.

The Pfaffikon-headquartered company, led by former H21 chief executive and deputy chairman Daniel Schweizer, became a fully independent entity in September last year as part of a strategic move by H21 to hive off its single-manager hedge fund activities into standalone businesses.