On March 9, 2016, Aspect Capital announced its acquisition of Auriel Capital Management, a hedge fund manager with expertise in currency trading and macro-economic investment strategies.
The transaction adds approximately $1.4 billion to Aspect Capital’s assets under management, which is now $6.6 billion. In addition, two founding partners of Auriel Capital Management, Asif Noor and Anoosh Lachin, joined Aspect Capital. Noor and Lachin will start a fund that focuses on macro-economic strategies, while continuing to trade currencies in an existing fund.
Founded in 1997, Aspect Capital is a London, United Kingdom-based hedge fund manager that utilizes computer-driven investment strategies.
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