A group of veteran derivatives traders are planning a volatility hedge fund focused on Asia.
The new hedge fund managers, hailing from such firms as Barclays Capital, Goldman Sachs, Morgan Stanley Newedge Group, have high hopes for their Caerus Arbitrage Asia Fund, named for the Greek gold of opportunity. The fund is set to debut in August with between US$15 million and US$20 million, according to one of the founders of RSR Capital, Christophe Delorme.