About

TREND CAPITAL MANAGEMENT LP

Trend Capital Management LP is a discretionary global macro hedge fund manager. Trend Capital applies rigorous fundamental macroeconomic analysis and a disciplined portfolio construction framework to generate absolute returns with low correlation to the markets. Trend’s expertise is expressed through interest rates, credits, currencies and equity indices, in both developed and emerging markets.

Ashwin Vasan
Founder & CIO

Mr. Ashwin Vasan is an economist with over 30 years of investment experience. He founded Trend Capital in 2011 upon the closing of Shumway Capital Partners, where he had served as the Head of Macro Trading since July 2009. Prior to Shumway, Mr. Vasan was a Partner and Portfolio Manager at Tudor Investment Corporation from 1999 to 2009. Before joining Tudor, he was a Portfolio Manager at Oppenheimer Funds with oversight of the international fixed income business. Mr. Vasan began his career at Citibank in 1989 as an International Economist. He received his Bachelor of Arts in Economics from the University of Nebraska, his Master of Arts in Economics from San Diego State University, and he completed three years of PhD work at New York University.

WHAT WE DO

Investment Approach

Fundamental Research

Deep research is the starting point and the common denominator of each investment. Our confidence and ability to stand apart from the crowd comes from our independent analysis and critical thinking.

Instruments

The Fund typically invests in interest rates, credit, and currencies globally

Risk/Return Profile

The Fund seeks high single-digit to low double-digit returns, with single-digit volatility

Geography

The Fund invests globally across both emerging and developed markets.

Concentration

The Fund typically invests in 4-8 themes, expressed in 10-20 positions.

OUR EDGE

PEOPLE

Highly experienced investment professionals have a proven ability to identify market dislocations, leading to non-consensus trades with profit potential globally.

Unified teamwork focuses on a single portfolio, keeping interests aligned across roles and with investors at all times.

PROCESS

Independent fundamental research and in-house analysis drive investment and risk management decisions.

Deep understanding of policy implications reinforced by established relationships with current/former policy makers and local players.

PERFORMANCE

Tested methodology to deliver attractive-risk returns with limited downside capture during market downturns and low correlation to a broad range of market indices.

Inclusion of Trend Macro strategy enhances portfolio diversification.