Phalanx’s performance to drive asset growth


Chris McGuire
Chicago-based Asian multi-strategy manager Phalanx Capital expects assets under management to grow by at least 20% early next year when new inflows and mandates come through, following a consistent and robust performance in the first 10 months of this year.

The firm’s $110 million Phalanx Japan Australasia Multi-Strategy Fund has generated a 6.5% return for the year to the end of October, despite the extremely challenging and volatile market conditions.

Portfolio manager Chris McGuire says the fund, which employs volatility and convertible bond arbitrage, does not take directional views on markets but has