Hedge Funds

Solid start for Alcantara in Russian fixed-income


London-based Alcantara Asset Management is off to a promising start with a new fund that focuses on the Russia and CIS fixed-income markets.

Alcantara first started trading the strategy in a managed account format from December 2008 to July 2009, generating an annualised net return of 37%. The firm launched the strategy as a fund in August, and the new vehicle has returned 4.6% in its first three months of trading.

Alcantara was founded by Sergey Grechishkin and Andrei Taskin. Grechishkin was most recently president and head of investment banking and brokerage at KIT Finance Investment Bank, one