Swiss asset manager Heravest, established in February 2017, has announced its departure from Geneva-based advisory firm Blue Lakes Advisors to go solo.
The firm is repositioning itself as an independent advisory and asset management boutique as from January 2018.
Heravest, which is located rue du Cendrier in Geneva and whose name refers to the goddess of women and marriage in the Greek mythology, was launched by the former investment strategy team of Blue Lakes Advisors composed of Philippe Schindler, Philippe Rezzonico and Jérôme Baillaud. The firm specified that it will keep privileged relationships with Blue Lakes Advisors.
Heravest already tallies two funds in its offering, Isatis Flexible Bond and Isatis Global Equities.
In a joint statement, the firms explained that Blue Lakes Advisors will focus on its positioning as independent distribution fund and structured product platform, providing investment solutions through a network of in-house and external specialists.
BLA also intends to bolster its two historical business lines : agency business and natural resources financing. BLA is part of Blue Horizons Partners, a structure launched in 2016 and which was depicted by its co-founder Lionel Pasteur as an anti-platform to InvestmentEurope in May 2017.