3 days ago
Nadeem's Macro Hedge Fund Grows to $1 Billion After 21% Gain
Deem Global, a macro hedge fund firm started by former Brevan Howard Asset Management money manager Asfandyar Nadeem, has grown its assets to about $1 billion, helped by double-digit returns since its launch less than three years ago.
His London-based firm raised fresh capital this year to bolster assets, with the flagship Deem Global Macro hedge fund gaining 21.3% in the five months through May, according to an investor letter seen by Bloomberg News.
