Funds of Hedge Funds

Abbey offers weekly liquidity for global macro


Abbey Capital, the Dublin-based alternative investment manager with $1.7 billion in assets, has moved to weekly liquidity for its macro fund. The multi-manager Global Macro Fund, which will reach its two year track record in October, offers an eight manager portfolio that now allocates to underlying managers exclusively via managed accounts, giving full transparency of positions.

Tony Gannon

"The reasons behind the move to increased liquidity in the macro fund were twofold; firstly, we are responding to the renewed investor interest in the macro space, based on the strategy's delivery of absolute return in 2008's dour