36 South Capital Advisers is reopening a fund seeking to capitalize on extreme market movements....

|By:, SA News Editor

36 South Capital Advisers is reopening a fund seeking to capitalize on extreme market movements. The Black Eyrar Fund's (eyrar = plural of swan) predecessor closed in 2008 after booking a 234% gain. "Option prices have come back down to the point where we believe it is worthwhile starting a fund," says the group's co-founder.