LLB wins double accolades in 2017 Hedge Fund Awards
Vaduz, 20 January 2017. In the 2017 Hedge Fund Awards presented by the magazine Acquisition International (AI), the Liechtensteinische Landesbank (LLB) achieved two top scores: The LLB Alternative Strategy Global fund, established about one year ago, was awarded Best Portfolio Manager – Liechtenstein and Best Alternative UCITS Fund.
Best Portfolio Manager – Liechtenstein & Best Alternative UCITS Fund
The LLB Alternative Strategy Global fund, established by the LLB, is already a success in the first year after its launch. The fund won in the Best Alternative UCITS Fund category in this year's Hedge Fund Awards. The magazine Acquisition International (AI) also awarded the fund's management, Bernhard Schmitt and co-manager Timo Gruber, the title Best Portfolio Manager – Liechtenstein. "We are very pleased about this distinction, and it confirms that we offer leading investment competence to our clients with our special range of funds," says Bernhard Schmitt, Head of Equity & Multi Manager Management.
The LLB Alternative Strategy Global fund gives investors access to the universe of liquid, alternative strategies, based on the LLB third-party funds research process and our many years of experience in hedge fund investing. The asset class gives investors the opportunity to achieve reasonable returns in a demanding environment with very low interest rates as well as political and social uncertainties. With these most recent accolades, the LLB demonstrates surpassing and consistently good performance in this asset class as well.
The Hedge Fund Awards have been conferred for five years now. On the basis of 250'000 questionnaires, an international committee selects only the best of the best in a qualitative procedure. The evaluation examines both the fund and its management over the course of a year. The winners are announced exclusively in a digital issue of AI magazine.
The Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The Principality of Liechtenstein holds the majority of the company's share capital. The LLB's shares are listed on the SIX Swiss Exchange (symbol: LLBN). The LLB Group offers its clients comprehensive wealth management services, as a universal bank, in private banking, asset management and fund services. With 1'086 employees (full-time equivalent positions), the LLB is represented in Liechtenstein, Switzerland, Austria, and the United Arab Emirates (Abu Dhabi and Dubai). As per 31 December 2018, the LLB Group managed a business volume of CHF 80.1 billion.
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- 8 May 2020, 28th Ordinary General Meeting of Shareholders
Dr. Cyrill Sele
Head of Group Corporate Communications & General Secretary
Telephone +423 236 80 99