RSR’s AUM halves but performance rallies on volatility


RSR Capital’s bid to scale up its Caerus Arbitrage Fund, an Asian volatility fund, suffered a setback in July following the decision of a major investor to redeem its exposure in the fund. The action effectively cut the size of the fund from $60 million to $23.7 million.

Chris Delorme, the founding partner and chief operating of RSR Capital, told AsiaHedge the redemption was unfortunate but expressed confidence that the fund would go back up quickly as it delivers stronger performance in the coming months and attracts other investors.

Early this year, the group had expressed its optimism