In a sad sign of the times, the Callanish Global Macro Fund from Callanish Capital Partners, led by ex-Old Mutual team, Eoin Murray, as chief executive officer, and Kristy Barr, as head of investor relations, and seeded by IMQubator has closed its doors.

The fund started trading in 2010 with seed money of $35m from IMQubator. In a statement from C