Julius Bär has launched a directional fixed income and currency hedge fund managed by Andrew Snowbal...
Julius Bär has launched a directional fixed income and currency hedge fund managed by Andrew Snowball and Adrian Owens, who aim to return investors 13% to 17% above Libor. The Julius Bär Global Rates Hedge Fund will draw on Julius Bär's experience running fixed income since 1983, and foreign exchange as well. "The firm's style is very much top-down economic fundamental themes of key building blocks," said Owens, "which arguably suits itself to macro hedge funds." The managers will seek to understand the key drivers behind the markets - be they interest rates, growth expectations and s...
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