Swiss Financial Market Supervisory Authority (Finma) has given Limmat Capital Alternative Investments approval as an asset manager of foreign collective investment schemes.
Limmat Capital, which specializes in liquid long/short equity and balanced fund strategies, is already regulated by Finma as an independent investment management firm.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
According to an Investment Europe report, the additional authorisation means Limmat Capital is moving forward in its plans to become a multi-disciplinary investment management firm and alternative investment platform.
Martin Macanovsky, CRO and COO at Limmat Capital, said: "The FINMA approval as well as nearly a decade of consecutive annual profits made for a wonderful start to 2014 and is a further tribute to our growing business.
"We look forward to sharing our extensive trading and research expertise and working with a diverse range of investors in the years to come," Investment Europe quoted Macanovsky as saying.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
