Redtower Asset Management has launched a Global Macro hedge fund, seeking to outperform via currency...
Redtower Asset Management has launched a Global Macro hedge fund, seeking to outperform via currency pair trades. Up to 80% of the portfolio will be emerging market currencies including Asia and Latin America. The vehicle is aimed at institutional investors and fund of funds. It will be co-managed by Redtower chairman Gerry Celaya and Jane Foley. Celaya previously held senior roles at Bank of America while Foley was formerly director of FX research at Barclays Capital. "Our global mandate, research and risk management processes will enable us to exploit macroeconomic and geopolitica...
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