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June 19, 2006 at 08:00 PM
CHICAGO (HedgeWorld.com)–The London-based manager Amplitude Capital LLP has hired Horizon Cash Management to handle its cash reserves.
Amplitude was formed in 2004 and trades electronically exchange-traded securities globally. Investing in more than 20 markets, the firm has an average holding period of one to 1.5 days and relies on in-house software to aid in the fast turnarounds.
According to Horizon officials, cash management should be on every hedge fund’s radar, especially in the current market environment. Horizon has $3 billion in assets under management.
