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Hedge fund 36 South Capital Advisors’ profit surges 1025%

Major City hedge fund sees profits boom on the back of a spike in turnover

Volatility-focused hedge funds are cashing in on economic uncertainty
Volatility-focused hedge funds are cashing in on economic uncertainty Photo: SOPA Images/LightRocket via Getty Images

Profits at 36 South Capital Advisors soared 1025% last year as the City hedge fund boosted revenue and slashed wages.

The firm’s profits jumped from £368,659 to £4.1m in 2022, according to latest accounts. Turnover came in at £13.9m, up from £5.9m in 2021.

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