Bloomberg – Stephen Diggle, the Singapore-based hedge fund manager who made $2.7 billion for investors as markets see-sawed in 2007 and 2008, started a new hedge fund that places wagers on price swings, two months after liquidating Artradis Fund Management Pte’s volatility funds.
Diggle’s new alternative investments firm, Vulpes Investment Management, started its long Asian volatility and arbitrage fund, LAVA, on May 1, with $30.5 million, of which $30 million was the founding partners’ money, he said in an interview yesterday.
