People moves

Geneva-based IDS Capital hires business development director

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Geneva-based IDS Capital has hired Duncan McKay as a director focused on business development. He will be responsible for raising assets for the firm’s internally-run CTA strategy, the F&F Systematic Trading Fund, as well as for its multi-manager funds.

To date, IDS has been run as a multi-family office, but it is now seeking to offer its funds to a broader range of investors.

McKay was formerly the CEO of Monaco investment firm Dupre’s and Co. He has previously marketed both single-manager hedge funds and funds of funds, and began his career as an equities trader in London in