Keegan's Auspex hit by choppy market

Fri Oct 1, 2004



Like other macro funds, Salomon Brothers legend Dennis Keegan's $300 million Auspex fund has been struggling with returns in a market environment that has not been kind to many practitioners of the strategy. Founded in July 2003, Auspex has a fundamental bent and is set up to focus on a medium- to long-term time horizon. The fund invests in countries in the Citigroup World Government Bond Index and also allocates a small part of the portfolio to emerging market fixed...

ISSN: 2151-1845 / CDC10004H

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