Pyxis Capital Launches Alternative Income Fund

Jan 17 2012 | 1:47pm ET

Dallas-based investment advisor Pyxis Capital, which spun out of Highland Capital Management in early 2012, has launched an alternative income fund with Anchor Capital Management as sub-advisor

The Pyxis Alternative Income Fund invests both long and short across securities benchmarked to high-yield corporate bonds, such as ETFs, and expects to take its place in Morningstar’s “Nontraditional Bond” category.

“The Pyxis Alternative Income Fund offers mutual fund investors a strategy that until recently was typically only available through exclusive hedge funds and large institutional accounts,” said Joe Dougherty, president of Pyxis Capital, in a statement. “Adding this option to our family of funds will help us serve the unique needs of our growing client base of investment advisors and individuals who are looking beyond the limitations of a typical fixed income fund.”

The fund will deploy Anchor Capital’s proprietary strategy and methodology, in place since 2007.

“With interest rates at historic lows, investors are rethinking their fixed income strategies,” said Eric Leake, Anchor Capital CIO and co-portfolio manager of the fund. “With our focus on capitalizing on short, intermediate and long term trends, we provide a liquid alternative to traditional fixed income investing for today’s volatile markets.”

Launched in 1994, Anchor Capital Management is an employee-owned, registered investment advisor based in Irvine, California, with over $265 million of assets under management and advisement. The firm specializes in alternative fixed income and global long/short equity strategies.


In Depth

Hedge Fund Veteran Peter Borish Talks Trading

Dec 17 2014 | 9:32am ET

Peter Borish says 2014 was “tricky” from a trading perspective. “The best...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.