Notz Stucki Expects to Beat Hedge-Fund Investments Gains
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Notz Stucki & Cie, a Swiss money manager trying to stem shrinking assets, expects to beat last year’s gain in its hedge-fund investments even as it reduces allocations to alternative funds.
Investments in hedge funds including Stephen Mandel’s Lone Pine Capital LLC’s rose about 8 percent on average in 2012 and the firm’s flagship Haussmann Holdings fund jumped 9.4 percent, Hilmi Unver, head of alternative investments at Notz Stucki, said in an interview at the firm’s Geneva office.