Thursday, 31 July 2014
Last updated 6 hours ago
Dec 7 2011 | 12:13pm ET
Quiris Capital is ready to meet the public.
The London-based foreign exchange specialist is set to roll out its maiden hedge fund early next year, HFMWeek reports. The strategy, which Quiris has run as a managed account since February, is up 18.7% on the year. Simulated trading has the strategy up 23.82%, including January.
Quiris closed its initial offering period late last month and is though to have a modest amount of assets under management. The firm is in talks with a potential seed investor, according to HFM, with hopes of raising US$75 million by the end of the year.
The firm was founded late last year by three Morgan Stanley veterans, Chris Callan, Richard Mhende and Justin Simpson. Simpson serves as Quiris' CEO, Callan as chief investment officer and Mhende as chief operating officer.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…