Baer to broaden U.S. footprint

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London-based Julius Baer Investments is staffing up its U.S. marketing efforts to support four new U.S. feeder funds. The firm is also back-testing its first quantitative hedge fund, a systematic currency strategy, which is tentatively scheduled for launch by early 2007. "All of our funds are discretionary, and it's a nice counterpoint for us to launch a systematic fund," said Tim Haywood, chief investment officer.

Until this year, Baer's hedge fund division has maintained just a small marketing presence in the United States, which was all that was necessary to support a single U.S. feeder fund for its flagship