The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 14 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.