Tuesday, 30 June 2015
Last updated 10 hours ago
Dec 18 2008 | 3:09am ET
Paul Austin, the former chief investment officer of Slimfast founder Daniel Abraham’s family office, has launched a global macro hedge fund to focus on global equities and currencies, FINalternatives has learned.
Analytix Capital’s eponymous hedge fund debuted in October with good results. The fund is up 9.45 % in its first two months of trading.
The fund is a quantitative fund that employs proprietary algorithms coupled with an automated trading platform designed specifically for high frequency trading strategies, according to the firm’s Web site. It currently sports a portfolio of five to 10 macro themes, which will expand to 20 to 30 over time.
Prior to founding Analytix Capital, Austin managed over $1 billion of Abraham’s personal fortune in a diversified portfolio that included global equities, bank loans, corporate bonds, currencies and alternative assets for more than six years. Austin also served as an analyst Goldman Sachs.
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…