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Alternative Market Briefing

Race running global macro manager returns 75% YTD

Wednesday, August 31, 2016

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Dr. Karl Sarkans
Benedicte Gravrand, Opalesque Geneva for New Managers:

The Geneva Global Macro hedge fund is up 75.7% YTD, after returning 2% in July. Not surprisingly, it has come on top of databases such as data provider Eurekahedge, and FundBase, a fund selection program. The Eurekahedge Macro Hedge Fund Index is up 1.84% YTD (to end July).

The fund is managed by Geneva Capital Ltd, a firm of four founded in 2014 and located, not in Switzerland, but in Malta. It uses global macroeconomic changes of both a fundamental and a technical nature, and only does short term, highly liquid investments. Since inception in March 2014, the Nevis-domiciled fund has returned 300%; there was no trading for 12 months during that period, and the only down month was in May this year.

Portfolio manager and director Dr. Karl Sarkans has run many strategies for more than 20 years, including global equities, global fixed income, currencies, commodities and high frequency trading. "I saw that all markets are interrelated. I then chose global macro as the place where I have a passion and an ability to, I believe, generate good returns going forward," he told Opalesque.

Originally from Canada where he obtained an engineering degree, he went on to collect diplomas: an MBA from Wharton Business School in the US, a doctorate in Economics, and a CFA......................

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