Performance

Staden’s GLC thrives in turbulent markets

by

Lawrence Staden
Few European-based firms have fared better in the fast-changing market conditions this year than GLC, the 20-year-old multi-strategy group led by Lawrence Staden that is one of London’s longest-established hedge funds.

Set up in 1992, GLC runs around $1 billion in a variety of systematic and discretionary strategies spanning short-term and mid-term CTAs, equity statistical arbitrage, global macro and multi-strategy – managing seven co-mingled funds and bespoke managed accounts for institutional clients.

The firm’s GLC Directional strategy – a short-term CTA based on trend and counter-trend models that operates on a two- to