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Selling Nikkei vol hedged Phalanx’s long vega

Chris McGuire's Phalanx Capital Management benefited strongly from convertible arbitrage last year, with the multi-strategy fund coming out 44% up.

Chris McGuire is chief investment officer of US-headquartered Phalanx Capital Management, which manages the $70 million Phalanx Japan Australasia Multi-Strategy Fund. The fund uses convertible arbitrage, volatility-related strategies, merger arbitrage and event-driven trading strategies.

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