Fund launches & closures

Geneva-based Collard to roll out liquid macro strategy to investors

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Collard Capital, a new Swiss-based hedge fund firm founded by former independent money manager Simon Collard, is to roll out a highly-liquid global macro fund to investors.

The Collard Global Macro Fund – which launches tomorrow (1 September) – will follow the same strategy employed by Collard over the past few years, which has apparently generated an annualised return of more than 20% from its inception in 2007 until the end of 2009.

Collard worked at Merrill Lynch from 1987 to 1994 and then spent two years at Kleinwort Benson, before going solo in 1996 to manage his own