Absolute Capital Mgmt Holdings Ltd
  09 June 2008
   

                          
                                 

    Absolute Capital Managements Holdings Limited
    ("ACMH" or the "Group")

    ACMH strengthens investment team with the appointment of Daniel Bieri as Head of Portfolio Advisory and Athanasios Ladopoulos as a Lead
Portfolio Adviser

    ACMH, the fund management company focused on delivering investment returns through the management of absolute return funds, is pleased
to announce that Daniel Bieri has joined ACMH as Head of Portfolio Advisory and Athanasios Ladopoulos as a Lead Portfolio Adviser focused on
the Absolute Octane Fund.  Daniel will be responsible for risk management and ensuring the development and delivery of effective investment
strategies and frameworks within the Group.  

    Daniel Bieri, aged 41 has over 20 years of asset management experience.  He joins ACMH from Swiss Life Asset Management, Zurich where he
most recently held the position of Head of Equities.  During his nine year tenure at Swiss Life, Daniel was responsible for Swiss equity
investments and special equity mandates and subsequently worldwide equity investments when he took over the management of the equity team in
2004. Prior to that Daniel was at Allianz Insurance where he was responsible for Swiss equity investments.

    Athanasios Ladopoulos, aged 38 has a strong track record in fund management and equity research, having demonstrable success in
achieving top ranked fund performance.  Athanasios was most recently Lead Portfolio Manager of Kinetic Special Situations, a London-based
event driven hedge fund. He has also previously worked for Claridge Capital as Head of Research, First Continental Trading as a Futures
Trader and Lazard Capital Markets where he directed and grew the Technology, Media and Telecoms equity research and sales team. He began his
career at the Abu Dhabi Investment Authority where he was responsible for their asset allocation and investment activities.

    Jonathan Treacher, CEO of ACMH, said, "We are delighted to welcome Daniel and Athanasios to our team. They bring with them considerable
expertise in risk management and portfolio investment.  Both Daniel and Athanasios have excellent track records and their experience will be
instrumental to us as we continue to build a strong foundation for the business for the future and seek to retain and grow assets under
management."

    Daniel Bieri said, "I am delighted to be joining ACMH, a Group which has delivered a credible and transparent strategy during a
challenging period. ACMH is now ready and ideally positioned to grow and I look forward to further strengthening its internal operations and
delivering effective investment strategies thereby creating value for our clients and shareholders. "

    Athanasios Ladopoulos said , ACMH is now entering a new phase of its development which presents an excellent opportunity to help grow
and shape the business. Combined with the expertise of the investment team, I am looking forward to expanding the Absolute Octane Fund and
generating high returns for our clients through exploiting event driven situations."


    Enquiries:

 ACMH          Jonathan Treacher          T: +41 41 560 9660
               Shamillia Sivathambu
 Cardew Group  Tim Robertson          T: +44 (0)20 7930 0777
               Shan Shan Willenbrock
               David Roach


This information is provided by RNS
The company news service from the London Stock Exchange
 
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