Sydney-based Northbridge Park Asset Management is launching
a macro FX fund in October that is already being viewed as one
of the most keenly awaited hedge fund launches from the
Asia-Pacific region this year.
The nine-man Northbridge team, led by David Curtis, the
former head of foreign exchange in Asia Pacific for Credit
Suisse, will trade G10 and liquid Asian currencies through the
Northbridge Park Macro FX Fund that aims for 12-15% returns
with volatility of 7-10%.