Gerard Satur, former UBS AG (UBSN) trader raised worth AUS $10 Million from various investors to form a global macro strategy group which will commence operations within day. Baruch Global Macro Fund's approach will follow the used practices established by Satur when it comes to investment, foreign exchange, credit markets, and equities and trading of commodities. The focus of Baruch Global Macro Fund will be set on the Asia-Pacific region.
MST Capital Pty, the company which raised the AUS $10 Million funding for Baruch Global Macro Fund also manages over AUS $175 million worth of funds for its clients which are mostly institutional investors, is well on its way to its goal to widen its clientele for Australian investors in search of better investments and higher yielding interest rates. Due to the decline in interest rates set by the central bank which is at an all time low of 2.75%, investors are given a wider range of choices on investments.
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