Nylon Capital, the London-based firm founded by former
Barclays, Merrill and Deutsche bond trader Alan Burnell that
was launched in 2005 with major backing from Barclays, has
produced a striking comeback since its restructuring 18 months
ago from a relative value fixed-income fund into a diversified
global macro strategy.
The fund achieved a strong net return last year of 10.69%,
on very low volatility of less than 4%, and is already up by
almost 5.5% this year to the end of February. According to
executives at the firm, the turnaround demonstrates...