Launches & Closures Hedge Funds

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

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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