ADAPT is a relative value, volatility strategy with a mandate to identify, understand and monetize dislocations and inefficiencies in the derivatives market, with a specific focus on equities, FX and commodities. The mandate is to take risk, and choose the appropriate timing, implementation, and mix of the various trades used. Notably, the strategy aims to have zero beta in order to produce performance across different market regimes, hence there is no inherent long or short volatility bias. The strategy taps into an original, niche source of alpha, and demonstrates a lack of correlation to both asset prices as well as traditional alternatives strategies.
The ADAPT strategy is part of the Lombard Odier Investment Managers 1798 Alternatives business, which provides investor access to highly pedigreed managers supported by an institutional class infrastructure, across capacity-constrained strategies, with a focus on sustainable alpha generation.
Lombard Odier Investment Managers (LOIM) is the asset management business of the Lombard Odier Group, which has been wholly owned and funded by its partners since our establishment over 220 years ago. With more than 150 investment professionals, LOIM is a global business with offices in Europe, Asia, the Middle East and North America, and more than 60 billion USD AUM (as at 30 June 2020). Throughout our history, we have been rethinking the old and embracing the new in our efforts to help our clients achieve their objectives in a changing world.