AI Hedge Awards 2017

Acquisition International - Hedge Fund Awards 2017 41 LLB Asset Management Looking ahead, Bernhard outlines the challenges the market faces and how LLB intends to adapt around these. “Our research shows that it is very important that the alternative UCITS fund universe continues to grow by assets under management and numbers of managed funds. This is all the more important to us, because we focus on the alternative UCITS universe in principle. More surely, there is some headwind for the hedge fund industry on the side of performance, fees and costs. However, we are convinced that such a dynamic asset management business as the hedge fund industry will adapt to the changing client needs. Therefore, our selection opportunities should remain in the hedge fund research.” “Overall, refreshing new ideas and inspiring people are what we are looking for all over Europe. This is the essence of what we want to have in our fund of alternative funds strategy. Ranging from brilliant strategists with an exceptional Global Macro expertise over mathematicians with highly specialised modelling skills for CTA strategies we find stock pickers with both reliable gut feeling and top notch analytical skills. The true core when it comes to being successful is so simple: always be receptive and curious, by that, future developments will be spotted early and executed quickly into a position in the portfolio. Being too early with investments in these very experienced and creative external fund managers comes naturally from times to times and would not be a problem for us - being late on the contrary definitely would be.” “From our point of view, comprehensive client focus, creative solutions, and excellent services are our most important characteristics in our daily business. Wherever our clients are in the world, we take care of their needs. With our promise ‘Tradition meets Innovation’, we think that we are rich in tradition yet modern, very experienced with a fresh way of thinking, stable and profitable together.” “Fundamentally, we see the future challenges for our market as being threefold: increased regulation, a focus on transparency and a move towards institutionalization. With the implementation of new regulations such as UCITS V, AIFMD etc. the industry is on a continuous path of rising regulation to the benefit of the investors. Transparency has become one of the most important points of hedge funds and is one of main driving forces in the alternative UCITS world. Clients are increasingly demanding an institutional asset management set-up. Our response to these challenges is a comprehensive transparency of the funds for our clients, the highest regulation standard with UCITS for our fund of alternative funds and last but not least our very institutional approach in asset management to deliver the greatest value for our private and institutional clients.”