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From Benedicte Gravrand, Geneva:
Amongst the nominees at last week’s 4th Annual Asian Masters of Awards in Singapore (Terrapinn / Eurekahedge’s Hedge Funds World), was Antipodean Capital, which was nominated not once, but twice. Once within the Best New Asian Hedge Fund Launch category, the other within the Best Asian based CTA/Managed Futures Fund category. The fund is run by Craig Ferguson, who was a senior foreign-exchange strategist at Australia & New Zealand Banking Group, before setting up shop over a year ago, just as interest in hedge funds was rising in Australia. He also was the top ranked Australian currency forecaster in the prestigious Peter Lee (Greenwich) Australian survey for 2004 and 2005. He and his partner Simon Ho work from Sydney offices.
The A$ 3x strategy has returned 22%, the CTA strategy 50%
When asked on how the young business has fared so far, he said that it has been a tremendous experience. “We started managing money in February 2006. Our AUM over the course of the next 1 or 2 months will probably take us to AU$25 or AU$30 million. We now work with a team of three external employees who manage compliance and R&D. Our strategies have been performing very well. Our leveraged currency product which is the A$3x turned around 22% last year, which was our first year of operation, and our CTA strategy which has been running since August is up around 50%. The FX and the CTA asset ...................... To view our full article Click here
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