MST Capital Pty is run by Gerard Satur. The latter was a former UBS AG trader and is based in Sydney, Australia. Satur raised a total of Aus$10 million from wealthy investors for a global macro strategy that will begin today.
Baruch Global Macro Fund will shadow the strategy used for its current fund. The said fund includes investment in foreign exchange, equities, credit markets, interest rates and commodities. The focus of which is on the Asia-Pacific region said Mark Levinson who serves as partner at the fund.
MST expected to add Aus$10 million by August 1 said Levinson without dropping names of other investors.
MST manages a total of Aus$175 million funds with clients mostly being institutional investors. The hedge fund is widening their client base as Australian investors look for higher yielding assets. The central bank lowered its benchmark interest rate by 2.75% and a slowing economy hurting equity valuations.
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