Performance

RSR Capital to re-launch strategy in new avatar next year

by

RSR Capital is altering the strategy of its Asian hedge fund, the Caerus Arbitrage Fund, which had focused on volatility arbitrage, after suffering from outflows and poor performance. Following this, the RSR team plans to re-launch the fund in six months’ time.

Chris Delorme, founding partner and COO of RSR Capital, says the group has been returning money to external investors in recent months, and the fund which grew to assets of $60 million in May this year, has dwindled to $8 million by end-November.

The fund was down 7.72% in the first ten months of the year and slipped