Attunga Capital

Simon Shields was the Chief Investment Officer and portfolio manager from the firm's 2004 launch through its 2012 closure. He built the investment strategy around his prior experience running equity derivatives desks at Deutsche Bank and Merrill Lynch. Day-to-day trading and structuring were handled by a compact team that included Matthew Cooke and Craig Mowll.

The fund focused on volatility arbitrage, trading equity derivatives, convertible bonds, and structured credit instruments. It took long-volatility and relative-value positions, aiming for returns uncorrelated with Australian and Asian equity benchmarks. The strategy combined fundamental derivatives structuring with event-driven convertible arbitrage.

Attunga Capital closed the Attunga Fund and returned capital to investors in July 2012. The firm cited a deteriorating opportunity set for volatility strategies and the structural challenges facing boutique fund managers. The wind-down was a voluntary return of capital rather than a forced liquidation.

No. Attunga Capital ceased investment operations in 2012. Founder Simon Shields moved to a family-office role at Tulla Group after winding down the firm. The Attunga Capital entity no longer manages external capital.

The firm traded primarily in Australian exchange-traded equity derivatives and convertible bonds, with opportunistic positions in Hong Kong, Japan, and Singapore. Its investment mandate covered developed Asia-Pacific markets with a core concentration in Sydney-listed instruments.