Bloomberg – MST Capital Pty, run by Sydney-based former UBS AG (UBSN) trader Gerard Satur, raised A$10 million ($9.1 million) from wealthy investors for a global macro strategy that will start today.
The strategy, Baruch Global Macro Fund, will shadow the strategy used for its existing fund that invests in foreign exchange, equities, credit markets, interest rates and commodities, with a focus on the Asia-Pacific region, said Mark Levinson, a partner at the fund manager. MST expects to add as much as an additional A$10 million from Aug. 1, he said, declining to name the investors.
