Fri, Oct 9, 2015
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

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. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko