Ex-Credit Suisse private bankers launch hedge fund

Ex-Credit Suisse asset allocation strategist Dr. V. Anantha Nageswaran and his two ex-colleagues from the private banking team will launch the Singapore-based Libran Global Macro Fund during the fourth quarter of this year. While at Credit Suisse, Nageswaran made the calls on global asset allocation that helped the Swiss giant win FinanceAsia magazine's model portfolio game against three competing private banks in 2003.