Sunday, 4 October 2015
Last updated 1 day ago
Aug 13 2008 | 1:08am ET
New York-based Fusion Investments has launched the Gryphon Investment Fund, a global macro strategy, to look for opportunities in equities, currencies and fixed-income markets.
Half of Gryphon’s portfolio will use quantitative models based on fundamentals to indicate whether any given stock market, specific equity within a market, futures contract, currency, bond market or individual market sector presents investment opportunities, according to fund documents.
“When no markets show favorable risk/reward environments, then only fully hedged positions or market neutral short-term deposits in the stronger currencies will be invested in,” it said.
The $4 million fund, which launched in June, finished its first two months down 0.5%. Joe Dedona is the fund’s portfolio manager.
Gryphon charges a 2% management fee and a 20% incentive fee.
Fusion Investments currently manages some $20 million in long/short and long-only assets.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…