LLB again wins double accolades in 2018 Hedge Fund Awards
Vaduz, 18 January 2018. In the 2018 Hedge Fund Awards, the Liechtensteinische Landesbank (LLB) again achieved two top scores. The LLB Alternative Strategy Global fund, established about two years ago, was awarded Best Multi-Strategy FoHF and FoHF Manager of the Year – Liechtenstein. The award is presented by the magazine Acquisition International (AI).
Outstanding LLB Alternative Strategy Global fund
The LLB Alternative Strategy Global fund and its management received two top scores in this year's Hedge Fund Awards: Best Multi-Strategy Fund of Hedge Funds (FoHF) and FoHF Manager of the Year – Liechtenstein. The fund established by the LLB had already been convincing in the first year after its launch. The two fund managers Bernhard Schmitt and Timo Gruber are again pleased about this year's distinction, since it is a confirmation that the LLB offers its clients leading investment expertise also with this special fund offering.
The LLB Alternative Strategy Global fund gives investors access to the universe of liquid, alternative strategies. The fund is 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 six years now. On the basis of 250'000 questionnaires, an international committee selects only the best of the best hedge fund investments 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.
Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The majority of the company's share capital is held by the Principality of Liechtenstein. LLB's shares are listed on SIX 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 1'075 employees (full-time equivalent positions), LLB is represented in Liechtenstein, Switzerland, Austria and the United Arab Emirates (Abu Dhabi and Dubai). As per 30 June 2020, the business volume of the LLB Group stood at CHF 86.5 billion.
- 25 February 2021, presentation of the 2020 business result
- 7 May 2021, 29th ordinary General Meeting of Shareholders
Liechtensteinische Landesbank AG
Dr. Cyrill Sele
Head of Group Corporate Communications & General Secretary
Telephone +423 236 80 99