Key Takeaways
- • Lombard Odier Investment Managers (LOIM) launched DOM Global Macro, a liquid UCITS absolute-return strategy with $100 million in initial commitments, targeting institutional and private clients seeking alternative return sources.
- • The strategy employs a multi-strategy framework combining proprietary systematic strategies with discretionary trading across long and short positions in liquid multi-asset classes, designed to generate positive absolute returns independent of market conditions.
- • DOM Global Macro emphasizes embedded downside protection and tactical adaptability to macroeconomic shifts, positioning itself as a diversification complement to traditional equity and bond portfolios.
- • The five-person management team, co-led by Valentin Petrescou and Didier Anthamatten, joined LOIM in April 2024 and brings over 75 years of combined experience in multi-asset macro strategies; the team previously managed substantial AUM at Credit Suisse.
- • The strategy's UCITS structure provides daily liquidity and regulatory accessibility, addressing institutional demand for alternatives with enhanced transparency and operational infrastructure.
Summary
Lombard Odier Investment Managers announced the launch of DOM Global Macro on January 22, 2025, a new liquid absolute-return UCITS strategy that commences operations with $100 million in initial capital commitments. The strategy represents an expansion of LOIM's Alternatives franchise, targeting institutional investors and high-net-worth clients seeking exposure to uncorrelated return sources beyond traditional asset classes.
DOM Global Macro employs a diversified, multi-strategy approach that combines proprietary systematic trading models with discretionary macro overlays. The strategy takes both long and short positions across the liquid multi-asset universe, including equities, fixed income, currencies, and commodities. Rather than targeting alpha generation within a single asset class, the fund aims to deliver positive absolute returns across varying market regimes by exploiting macroeconomic dislocations and idiosyncratic opportunities while dynamically adjusting portfolio exposure to shifting economic conditions.
A core design feature is embedded protection against drawdowns during periods of market stress. LOIM positions DOM Global Macro as a portfolio complement that enhances diversification efficiency and reduces correlation drag within traditional equity-bond allocations. The UCITS framework provides daily liquidity—a structural advantage over closed-end alternatives—coupled with the regulatory transparency and operational standards expected by institutional investors.
The strategy is managed by a five-person team co-led by Valentin Petrescou and Didier Anthamatten, who joined LOIM in April 2024 following roles at Credit Suisse. The team collectively brings over 75 years of experience in multi-asset macro strategy design and execution. This experienced leadership underscores LOIM's confidence in the strategy's positioning to navigate evolving market regimes and deliver resilient performance across economic cycles.
DOM Global Macro employs a diversified, multi-strategy approach that combines proprietary systematic trading models with discretionary macro overlays. The strategy takes both long and short positions across the liquid multi-asset universe, including equities, fixed income, currencies, and commodities. Rather than targeting alpha generation within a single asset class, the fund aims to deliver positive absolute returns across varying market regimes by exploiting macroeconomic dislocations and idiosyncratic opportunities while dynamically adjusting portfolio exposure to shifting economic conditions.
A core design feature is embedded protection against drawdowns during periods of market stress. LOIM positions DOM Global Macro as a portfolio complement that enhances diversification efficiency and reduces correlation drag within traditional equity-bond allocations. The UCITS framework provides daily liquidity—a structural advantage over closed-end alternatives—coupled with the regulatory transparency and operational standards expected by institutional investors.
The strategy is managed by a five-person team co-led by Valentin Petrescou and Didier Anthamatten, who joined LOIM in April 2024 following roles at Credit Suisse. The team collectively brings over 75 years of experience in multi-asset macro strategy design and execution. This experienced leadership underscores LOIM's confidence in the strategy's positioning to navigate evolving market regimes and deliver resilient performance across economic cycles.
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