GLOBAL DISCRETIONARY MACRO

HEDGE FUND & ETF

Myriad Asset Management is a global macro investment management firm dedicated to delivering benchmark-beating returns over the long term. Our strategies emphasize four core principles—liquidity, transparency, competitive fees relative to alpha, and tax efficiency. We believe that as institutional and individual investors expand their allocations to private markets, they will increasingly demand these same attributes from their public market asset managers and the Myriad Macro Separately Managed Account Hedge Fund and the Myriad ETF are built to meet this need.

Discretionary Macro Hedge
Fund Investment Approach

Benchmark US T-Bills

Benchmark Global 60/40

Myriad Macro SMA

MYRIAD ETF

MYRIAD VIEW OF PUBLIC MARKET ACTIVE MANAGEMENT

  • Hedge fund industry market share increasing for large platforms and separately managed accounts
  • Traditional single portfolio manager co-mingled hedge funds are losing market share
  • Large institutional investors prefer transparency, daily liquidity and lower fees of SMAs
  • Active ETFs gaining share from mutual funds
  • Drivers: transparency, liquidity, tax efficiency, lower fees

MYRIAD MACRO SEPARATELY MANAGED ACCOUNT

  • Directional discretionary macro strategy focused on generating alpha in equities, rates, FX
  • Benchmark: USD cash or Treasury bills
  • Strict risk management approach
  • Focus on SMAs for large institutional investors
  • Launching in 2026

About Myriad

Myriad Asset Management Advisors was established in 2025 and launched an ETF in October 2025. The firm builds on the history of Myriad Asset Management Limited founded in Hong Kong in 2011.

From 2011 to 2022, Myriad managed the Myriad Opportunities Fund (MOF), an Asia-focused multi-strategy hedge fund that grew to become one of the largest hedge funds in Asia in the 2010s. Over its 11+ years, MOF outperformed Asian hedge fund, equity and fixed income indices and returned capital above high water mark in January 2023 after delivering double-digit net returns in 2021 and 2022.

LEADERSHIP TEAM

Carl Huttenlocher

CEO and Chief Investment Officer

Carl Huttenlocher is the CEO and Chief Investment Officer for Myriad Asset Management which manages the Myriad Macro Hedge Fund and the Myriad Dynamic Asset Allocation ETF. Prior to launching Myriad Macro, Carl managed the Myriad Opportunities Fund which was an Asia focused multi strategy hedge fund and one of the largest hedge funds in Asia in the 2010s. Prior to founding Myriad in 2011, Carl managed the Highbridge Asia Opportunities Fund from 2005 to 2011 which was also an Asia focused multi strategy hedge fund. Both funds returned investor capital above the high-water mark in 2023 and 2011 respectively. Earlier in his hedge fund career Carl worked at Long Term Capital Management and Citadel Investment Group. Carl is on the global board of directors for Room to Read, a charity focused on literacy and gender equality in education in the developing world. Carl has a BS in Mathematics from MIT.

Jonathan Stern

Head of Research

Jonathan Stern is Head of Research at Myriad Asset Management focused on global equities and economic modeling. Prior to Myriad, Jon’s primary role was at York Capital, where he spent over thirteen years in public equities, with coverage across materials, industrials, energy and power. He also worked at Millennium in a similar role after leaving York. Prior to York, Jon worked at Bear Stearns, which he first joined as a Financial Analyst on the Mergers & Acquisitions team, then as an Associate within Bear Stearns Merchant Banking focusing on private equity investments. Jon graduated from Yale University, cum laude, with a BA in Economics and holds an MBA degree as a Palmer Scholar from the Wharton School at the University of Pennsylvania.

Eric Chang

Chief Operating Officer

Eric Chang is the Chief Operating Officer of Myriad Asset Management. Prior to joining Myriad in 2022, Eric launched and served as COO of StillBrook Capital, a boutique greater China equity fund. Prior, Eric was with Highbridge Capital a JP Morgan subsidiary for over 12 years serving as Senior Vice President responsible for building out and overseeing Asia operations and other non-investment functions. Before Highbridge, Eric held various roles at AQR Capital and Amaranth Group. Eric earned a degree in Business Administration with honors from the University at Albany, SUNY.

IMPORTANT INFORMATION

The information contained on this website is distributed for informational purposes only and does not provide recipients with information or advice that is sufficient on which to base an investment decision. Any discussion of specific securities is provided for informational purposes only and should not be deemed as investment advice or a recommendation to buy or sell any individual security mentioned. The material posted on this website does not take into account the specific investment objectives, financial situation or need of any particular client and may not be suitable for all types of investors. Opinions expressed are current as of the date shown and are subject to change. Information or data shown or used on this website was received from sources believed to be reliable, but accuracy is not guaranteed. Any performance information referenced on this website represents past performance and is not indicative of future results and diversification does not ensure a profit or protect against loss. All investments carry some level of risk, including loss of principal.

Myriad Asset Management Advisors, LLC (“Myriad”), is a registered investment adviser with the Securities and Exchange Commission. Registration as an investment adviser does not imply any level of skill or expertise.