Olympian Adds CIO Kaul

Oct 25 2011 | 6:51am ET

Hedge fund Olympian Capital Management has hired a new chief investment officer, Arun Kaul.

Kaul is charged with helping the Ft. Lauderdale, Fla., firm expand into new strategies. The firm hopes to add a global macro multi-asset strategy to its lineup, focusing on currencies, stocks, fixed-income and commodity futures.

"We've tried to bring some of the sophistication of the tools from a hedge fund to the private client," Kaul told Advanced Trading of the new strategy, which will be offered as a separate accounts product. "A lot of investment firms offer a model portfolio, which is a broad model that has fewer asset classes."

Kaul joined Olympian last month from Hillsdale Investment Management, the Canadian boutique he co-founded. With Kaul on board, Olympian founder Michael Levas will focus more on trading.

"I thought it was in the best interest of the firm to have him as the CIO so that I could focus on trading and various aspects of business development and the direction of where the firm wanted to go," Levas told AT.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...