Paris-based systematic event-driven firm ABC Arbitrage Asset Management has made a strong start with its second hedge fund, the ABCA Reversion Fund, since launching in May.
Its flagship offering, ABCA Opportunities, is also making good progress this year, and the firm has plans for additional launches early next year. These are expected to include a fund that will provide access to the firm's existing strategies.
ABCA Reversion is a statistical arbitrage fund employing a systematic market-neutral approach. The fund has made 7.25% in the four months since launch, including two particularly good showings