Asset ManagerRIA · CRD 163364SEC-RegisteredPrivate Fund Adviser

Updated:

Capula Investment Management

Capula Investment Management, co-founded by Yan Huo and Masao Asakura, is a London-based systematic hedge fund manager focused on global fixed income and…

Capula Investment Management

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General information

Firm type

Asset Manager

Year founded

2005

AUM

Undisclosed (Altss estimate)

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Additional offices

New York · Tokyo

Principals

Yan Huo

Co-Founder

Masao Asakura

Co-Founder

Sector focus

Hedge FundsFixed IncomeMacroSystematic TradingCredit

Frequently asked questions

Who runs investment decisions at Capula?

Yan Huo and Masao Asakura serve as co-founders and co-CEOs. The firm employs a distributed decision-making model where senior portfolio managers lead specific strategy teams. Huo oversees systematic trading infrastructure; Asakura focuses on risk management and operations.

How does Capula source proprietary deal flow?

Capula is a systematic manager — its edge comes from quantitative research and algorithms, not traditional deal sourcing. The firm's models analyze vast datasets on global macro variables, central bank policies, and market microstructure to generate trade signals.

Does Capula participate in fund commitments or only direct trades?

Capula focuses exclusively on direct trading for its own funds. It does not act as a fund-of-funds or make external fund commitments. All capital is deployed via the firm's systematic strategies.

What investment stages does Capula typically target?

Capula is a liquid manager — it trades in public markets including government bonds, interest rate swaps, currency forwards, and credit default swaps. There is no venture, private equity, or Illiquid component to its strategy.

Where does Capula's underlying wealth come from?

Capula is not a family office; it is an external asset manager. Its capital base comes from institutional investors including pension funds, insurance companies, and sovereign wealth funds. The firm does not manage personal or family wealth.

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