Savage launches multi-strategy hedge fund
Robert Savage, former chief strategist and chief operating officer at now-defunct FX Concepts, has launched a multi-strategy hedge fund under the umbrella of Citic Capital Holdings. The new fund, CCTrack Solutions, will focus on delivering FX overlay strategies to institutional investors globally, with a particular focus on renminbi.
"We see it as an excellent time to launch this multi-strategy solution, as the field of competition has narrowed considerably, providing significant opportunities
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