People Moves

Ex-Citadel man Amiri starts to build striking track record with Susa

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Susa Fund Management, the long/ short European equities operation formed earlier this year by former Citadel portfolio manager Reza Amiri, is continuing to make excellent progress - with a gain of 5.46% in September taking the net return on the firm's value-based Susa European Equities Fund to 22.64% since inception in May.

The fund has had only one down month out of seven so far, losing 1.15% in June, and the strong September return comes on top of a gain of nearly 7% in August.

So far the focus has been on building a track record rather than fund-raising in