Baer launches its single strategy fund

The Julius Baer Group is launching its first single strategy hedge fund, the Fixed Income Fund. The fund will start in September with seed capital of $10m and will be managed by Tim Haywood and Tom O'Shea.

The fund will be diversified across the bond markets. Senior vice-president Christian Yates said: 'The rising inflation environment is a good environment for this product ' bonds as an asset class are back on the agenda.'

As a team, the managers have been trading fixed income in London for 15