Hedge Funds Performance

Volatility player Titan rebounds, hires traders


After falling 40% in 2010, the Global Return fund is up nearly 15% this year.

  Russell Abrams
While market volatility has hurt many hedge funds this year, Titan Capital Group is profiting from the carnage. The $110 million firm’s relative value volatility trading strategy has produced gains of 14.8% and 33.7% through November for its Global Return and Asia Volatility funds, respectively.

Russell Abrams, president and senior portfolio manager, said the fund has done exactly what it is set up to do. “Gains have been driven by wild swings in the markets and implied volatility, with an extremely high correlation among all assets,” said Abrams. “Gains were augmented by active trading of