(Bloomberg) Former Balyasny Asset Management analyst Avirath Kakkar is starting a hedge fund that will use computer-driven trading models to take advantage of rising volatility across markets.
The Limnah Capital Fund, managed from Singapore, will start with $20 million in the second quarter and use about 10 so-called systematic macro trading strategies in 150 liquid markets, including agricultural commodities, currencies and equities, Kakkar, co-chief executive officer of the firm, said in an interview. To reduce risk, the fund will keep the allocation to each market small, he added.
