Tue, May 26, 2015
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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

 

banner