Most Innovative FoHF Platform 2016: Thalìa Alternative Sicav (TAS)
Thalia SA Thalia SA are a leading Swiss Alternative Asset Manager offering investment solutions and advisory services for Hedge Fund Managers.
Company: Thalia SA Website: www.thaliainvest.com
With more than ten years of experience in manager selection, portfolio construction and Risk Management, Thalìa positions itself as an experienced hedge fund solution’s provider, able to support both Institutional Investors and sophisticated HNWI/UHNWI clients. The firm’s philosophy and approach to providing investment solutions is based almost entirely on qualitative analysis and on the principle that a portfolio must be primarily based on conviction, and therefore cannot be constructed by relying on quantitative tools alone. The company firmly believes that conviction is the main driver for portfolio construction, and is therefore essential for any Fund Manager. Once the firm’s qualitative assessment is completed it is then complemented by quantitative analysis, risk analysis and an ongoing monitoring process. Thalìa’s investment philosophy translates into an investment process driven by a combination of classic bottom-up manager selection and portfolio construction. Manager selection relies on proprietary and independent research, based on qualitative and quantitative considerations including operational aspects. Portfolio construction integrates the level of conviction in the hedge fund managers and risk management considerations. Ultimately all of this helps the firm to achieve its mission: to search, identify and select the most talented hedge fund managers able to produce above average absolute returns, resulting from a disciplined investment process (transparent, coherent and repeatable), in order to create portfolios that reduce the specific risk of single manager investments, given a predefined risk tolerance. In achieving this, Thalìa’s main competitive advantage is the long-standing experience of its investment professionals and their solid relationships with blue chip Hedge Fund managers, coupled with an institutional investment and portfolio construction process. Additionally, Thalìa’s monitoring process and on-going assessment of risks are additional distinguishing features. The Risk Management unit is involved at a very early stage of the investment process and monitors all the risks from both an individual fund and the overall portfolio perspective. Finally, the independent Operational Due Diligence team offers an important protection against potential frauds, which is proven by the company’s track record. Thalìa has never had a fraud event in its 11 year history, highlighting the skill of this team and the success of the firm strategies.