He left the firm in 1992 and founded his own hedge fund – the RMF Investment Group - along with two partners in Zug.
Although the concept was initially met with skepticism among investors in Switzerland, RMF achieved positive results by making gains in sideways or negative trending markets through trading on Japanese warrants and convertible bonds.
[citation needed] Despite difficult periods like the 1997 Asian financial crisis and the dot-com bubble burst in 2001, RMF's investment thesis proved successful, leading to collaborations with institutional investors such as LGT Group, Swiss Life, and Credit Suisse.
As part of the deal, RMF's 12-member management team committed itself to remain on board at the merged company for 3 years.
In September 2005, Swiss Re became a strategic partner to Horizon21 and acquired a 20% stake in the Horizon21 Alternative Investments business unit.
The nomination of Frey was intended to bring back more knowledge of the financial industry into the board of directors.
DKSH is an internationally active market expansion services group, which is deeply rooted in communities across Asia Pacific and headquartered in Zürich.
In Africa, FCF focuses on supporting outstanding social entrepreneurs in a variety of thematic areas.