Sempermacro, a London-based hedge fund, is looking at trading options across a number of asset classes as part of its newly-launched global macro fund. The firm, a division of Fulcrum Asset Management LLP, launched the portfolio last Wednesday, opening with about USD1 billion under management.
Tim Fletcher, partner at Sempermacro, said vanilla options and futures will comprise about 5% of the fund and that trading will focus on liquid markets in foreign exchange, both in cash and via forwards, as well as equity indices, fixed income and commodities. Fletcher declined to name Sempermacro's prime broker or which counterparties it might use.
