Hedge Funds

Abax set to soft-close Asia Macro fund


Abax Dymon's Singapore-based macro fund, the Dymon Asia Macro Fund, has been seeing significant investor interest over the past few months. Given the new investor pipeline as well as ramp up by early-stage investors, the firm expects to reach $200 million in the fund alone by March, which means that total assets in the strategy, including the managed account that Abax Dymon has been running for Tudor Investment Corporation since August 2008, will cross $300 million.

The fund clocked a solid 16.31% in 2009, placing it among the top macro funds last year, and the firm expects to