Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian volatility fund prefers to wait for the larger moves

Thursday, April 17, 2014

amb
Christopher McGuire
Benedicte Gravrand, Opalesque Geneva for New Managers:

Here is a fund that manages to keep year on year positive returns thanks to its extensive use of Asian convertibles to trade volatility, as well as index options and stocks – "anything that has a volatility component."

The Phalanx Japan AustralAsia Multi-Strategy Fund employs an absolute return, volatility multi-strategy approach within the Japanese, Asian, and Australian markets.

According to Christopher McGuire, CIO at Chicago-based Phalanx Capital Management, LLC, the managers trades Asian volatility primarily through convertible bonds in Japan and the rest of Asia, which is where they get a lot of their volatility exposure. They also trade listed over-the-counter (OTC) options on the various indices throughout the region, as well as single stocks that are both listed and OTC.

"We are looking at literally anything that we can find," he tells Opalesque in a recent interview. "And so anything that has a volatility component on equity or an equity index falls within our spectrum."

Prior to launching Phalanx, McGuire managed the Japanese multi-strategy portfolio for Daiwa Securities America. He also traded Japanese and Asian convertibles at Goldman Sachs and at Marin Capital ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style