Chicago-based Asian multi-strategy manager Phalanx Capital expects assets under management to grow by at least 20% early next year when new inflows and mandates come through, following a consistent and robust performance in the first 10 months of this year.
The firm’s $110 million Phalanx Japan Australasia Multi-Strategy Fund has generated a 6.5% return for the year to the end of October, despite the extremely challenging and...