Lombard Odier Investment Managers, the institutional asset management arm of Switzerland's Lombard Odier & Cie, has launched sterling-hedged clean share classes for its range of mutual funds.

Lombard Odier
Investment Managers, the institutional asset management arm of Switzerland's Lombard
Odier & Cie, has launched sterling-hedged
clean share classes for its range of mutual funds.

Nine
funds in its Luxembourg SICAV mutual fund range are now available in the UK market with sterling-hedged
share classes.

They
complement an existing 37 funds which have clean share classes denominated in
euros and US dollars.

“The
launch of sterling share classes is in response to the strong demand that we have
seen across the entire LOIM product franchise and gives our UK-based investors
access to our strategies that aim to mitigate currency fluctuations,” said
Dominick Peasley, head of UK third party distribution.

LOIM managed £28.4 billion on behalf of clients at the end of
June 2013. 

Lombard
Odier’s London office is now the group’s biggest
outside Switzerland
and includes members of the convertible bond, credit, European Equity, macro
and global energy teams.