Lombard Odier IM hires global macro trio for fund launch

Launched new $150m fund

Laura Dew
clock • 1 min read

Lombard Odier Investment Managers has hired a dedicated global macro team to expand its alternatives capabilities, starting with a $150m Global Macro fund launch.

Vilas Gadkari, Giuseppe Sette and Jan Szilagyi have all joined the firm to launch the new offering. They each have more than 12 years of investment management experience at firms such as Brevan Howard and Fortress Investment Group. The first fund launch for the team is a UCITS compliant Global Macro Strategy, launched in Luxembourg on 1 October with an initial amount of $150m. The product is targeting returns of 10% with volatility of 8%-10% on an annual basis, and aims to benefit from macroeconomic themes across all asset classes and regions. Lombard Odier IM unveils emerging mark...

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