In an environment that has sent many hedge fund firms over
the edge, Capstone Investment Advisors is profiting from the
The $1 billion Capstone Volatility Master fund, which was
launched in August 2007, is up 6.58% this year through August,
after having finished last year with a five-month gain of
19.44%. The strategy uses quantitative models to identify
investment opportunities in equities, fixed income and...