Gottex Fund Management is the latest funds of funds group to turn to managed accounts to address investor concerns about asset ownership and liquidity.
Gottex has formed a separate service company, Gottex Solutions Services (GSS), which will build and operate the platform. The platform will be used for both the $9.6 billion Gottex funds of funds business, as well as making the funds available for investors wanting to buy managed accounts directly.
Lyxor Asset Management and BNP's Innocap Investment Management both provide similar services. Gottex will utilise the GSS platform for some of