Our philosophy centers on a belief that long-term risk-adjusted performance is best achieved by utilizing independent money managers who focus on preservation of capital and asymmetric return opportunities.
Through the Absolute Funds, we provide access to highly-skilled managers who vary their exposures over time and offer diverse return profiles. These strategies are managed and monitored in a transparent, daily-valued structure.
We believe combining a limited number of idiosyncratic strategies will provide lower volatility and lower sensitivity to traditional market risks and will improve diversification for disciplined investors.
Absolute Investment Advisers was founded in 2004 to help investors diversify and manage risk in their portfolios. The founders’ previous experience in hedge funds, mutual funds and the high net worth advisory business led to the launch of one of the earliest hedged mutual funds in 2005. For over fifteen years Absolute has provided access to unique managers who are benchmark agnostic and have an absolute return objective. As a pioneer in the “liquid alternative” mutual fund space, Absolute continues breakdown the barriers between investors and illiquid, opaque hedge fund structures.
For over sixteen years, Absolute Advisers has remained disciplined about sourcing alpha generating strategies with active risk management. Markets will go up and down over time and investors can access those market returns just about anywhere. Absolute seeks to provide access to something different.
Sales and Marketing
Prior to founding the firm, Mr. Hlidek was a Vice President and financial advisor at a family owned, New England-based firm. Additionally, he spent 5 years at 2 other financial services firms as an advisor.
Mr. Hlidek received his BA degree from Denison University. He has the Series 7, 26, 63 and 65 securities registrations.
Chief Investment Officer
Mr. Compson is the Portfolio Manager for the Funds and is responsible for manager selection and overall portfolio construction, allocation, and monitoring of the Funds’ assets.
Prior to founding the firm, Mr. Compson was a Portfolio Manager and Partner at Abington Capital LP, a Boston-based hedge fund. He also spent several years in corporate risk management roles at two investment banks – Lehman Brothers and Tucker Anthony Sutro.Mr. Compson received his BA from Franklin & Marshall College and his MBA in Finance and Management from New York University’s Stern School of Business.
Sales and Marketing
Prior to founding the firm, Mr. Ward held business consulting positions at JPMorgan INVEST, Brown & Company and the Banking and Investment Products Group of FleetBoston Financial. Before shifting toward financial services, he worked at several advertising, marketing and communications agencies in the Boston area and in Washington DC.
Mr. Ward received his BA from Colby College and has his Series 6, 63 and 65 securities registrations.
Principal, Institutional Sales &
Prior to joining Absolute in 2006, Mr. Wannamaker served as a Director at Credit Suisse and was responsible for new business development and client servicing for retail products in the US. He also held positions with Worldwide Index Funds, Sierra Investment Services, Kemper Financial Services, Financial Institutions Investment Services and US Central Credit Union.
Mr. Wannamaker earned a BBA from the University of Wisconsin and has his Series 7 and 24 securities registrations.
General Counsel And
Chief Compliance Officer
Mr. Faherty oversees all legal, compliance, and regulatory matters for the firm. Mr. Faherty spent several years as Senior Counsel of Absolute responsible for providing legal services related to the management and administration of the Funds and assisting with the firm’s legal, compliance, and regulatory matters.
Prior to joining Absolute, Mr. Faherty served as Senior Counsel at Atlantic Fund Services, Vice President and Anti-Money Laundering Compliance Officer of Forum Funds, Vice President of Citi Fund Services Ohio, Inc. and Associate Counsel at Investors Bank & Trust Company. Mr. Faherty received his BA from the University of Pennsylvania and a JD/MBA from Suffolk University’s School of Law and Sawyer School of Management.
Principal, Portfolio Management &
Mr. Houser is responsible for manager research and due diligence analytics. He also assists the portfolio manager with the day-to-day management of the Funds, including portfolio monitoring, risk measurement and operations.
Mr. Houser joined Absolute after serving for eight years as a Research Analyst for Shetland Investments, a Boston area family office. At Shetland he was responsible for sourcing and evaluating alternative investments including researching new strategies and allocation modeling.Mr. Houser received his AB, magna cum laude, from Bowdoin College.
Mr. Kristian manages the operations of the Funds as well as the daily operations of Absolute Investment Advisers. He also manages the Sub-Adviser and fund administration relationships and is responsible for compliance monitoring and testing.
Prior to joining Absolute, Mr. Kristian spent seven years as the Director of Operations at Abington Capital, a Boston-based hedge fund, for seven years. Prior roles include working on the Equity Trading desk at Lehman Brothers, institutional sales with Funds Distributors, and operations roles with the Boston Company and Scudder Service Corp.Mr. Kristian received his BS from Babson College.
Mrs. Compson manages Absolute Investment Advisers’ accounting and with budgeting, forecasting, planning, record-keeping and other business operations for the company. Prior to joining Absolute, Mrs. Compson was Senior Auditor at Arthur Anderson, Vice President of Finance at the American Heart Association, Vice President at Citibank along with various other accounting roles at several firms. Mrs. Compson received her BA from Boston College (Summa Cum Laude) and an MBA in Finance from the NYU Stern School of Business. She is a former CPA and has held the Series 7 and 63 securities registrations.