Laurentia Management, a London-based global macro boutique established two years ago by experienced industry veteran Neil Meadows, is starting to raise its profile and approach investors after building a healthy track record with its Laurentia Global Fund.
The BVI-domiciled fund launched in October 2010 and has produced a 23% gain for investors in the two years since – through a period that has seen very broad dispersion of returns among global macro managers.
Meadows has sought to draw on the industry lessons of 2008 and 2009, providing investors with access to liquid trading in core markets with high transparency, low leverage and virtually no counterparty risk.
Laurentia Global made 10% in the fourth quarter of 2010, during which time the EuroHedge macro median index was up by only a few basis points. The fund avoided losing money last year – ending 2011 roughly flat, while the index was down 1.81%...