Los Angeles, California (PressExposure) March 11, 2009 -- Los Angeles based Martin Asset Management, LLC, a boutique investment management firm, has recently won over two well heeled customers from UBS.
The investment firm offers absolute return portfolios with a unique investment methodology enabling it to enter and exit market sectors and asset classes more efficiently than their competition. The company exclusively uses Exchange Traded Funds (ETFs).
"Hedge Funds are here to stay but their glamorous days of high fees and virtually no transparency are well over", says Francisco Martin, founder and Managing Director of the firm.
The two clients that left UBS in early February of 2009 contacted Martin Asset Management after the firm passed an international search and due diligence process. Furthermore, Mr. Martin is well known money manager among the "super wealthy".
"This is certainly a coup for our firm and we expect many more to join as large investment firms are scrambling to stay alive; that is a problem we don't have to deal with. We can concentrate on what matters to our clients - produce returns", says Martin.