Ovington Capital and MarkhamRae have entered into a partnership to manage the Ovington Master Fund Ltd. MarkhamRae is in the process of becoming the AIFM for Ovington and they will become the Trading Advisor.
This fund pursues a tactical fixed income relative value approach. MarkhamRae will be the manager and Ovington will be the trading advisor.
The strategy implements a diversified group of fixed income trades of tactical mis-pricings in G7 government bonds and their derivatives. The strategy has a track record of delivering stable risk-adjusted returns during multiple risk-on and risk-off markets.