Paris-based asset management firm Friedland Gestion has appointed Dimitri Colin as portfolio manager of the Friedland Allocation Flexible fund, InvestmentEurope has learned.
The hiring of Colin, who started in his new role in March and worked previously at Quantology Capital Management, coincides with the restructuring of the Friedland Allocation Flexible fund as it is understood Colin is set to implement a brand new strategy on Friedland’s fund of funds.
The fund will cease to be a FoF, which is in line with the evolution of Friedland Gestion since the boutique, established in 2002, was first focused on multimanagement before moving gradually into the field of direct investments.
InvestmentEurope understands the strategy of Friedland Allocation Flexible is in the process of being modified.
The revamped fund will be designed as highly liquid and low volatile. It will use a quantitative model to generate alpha primarily in the short maturity bond universe by taking long or short positions. The fund will also be invested in investment grade securities as well as in CAC and DAX futures.
Friedland Gestion runs four funds currently.