Launches & Closures Hedge Funds

BlackRock fixed income exec Imran Hussain, Octagon's Mead Welles plan launch


The veteran managers are starting an emerging markets macro fund.

  Mead Welles 

  Imran Hussain 

Imran Hussain, the longtime head of emerging market debt and currency portfolios for $3.7 trillion asset manager BlackRock, has resigned and is teaming up with former Octagon Asset Management head portfolio manager Mead Welles to launch a new emerging markets fund in New York, according to marketing materials obtained by Absolute Return.

The duos Infineon Capital Management will take a macro approach to emerging markets, trading a changing mix of currencies, commodities, corporate bonds and stocks in both top-down, relative value and opportunistic styles. Staying in the