Relative Value Hedge Funds

Corporate profile

Established in 2005, Prodigal manages absolute return, Asian focused relative value funds.  Prodigal focuses on the extraordinary relative value arbitrage opportunities that exist across the products and markets of Asia.  To systematically and prudently monetize these opportunities, Prodigal combines cross product trading experience and numerical prowess with drive, ambition and integrity.  To this end, Prodigal focuses on recruiting and retaining disciplined individuals who can practically apply superior intellect and experience to the pursuit of extraordinary risk adjusted returns.

Prodigal is regulated by the Financial Services Authority (Firm Reference Number: 504291). Prodigal is also regulated by the Australian Securities and Investment Commission (ASIC) and holds Australian Financial Services Licence number 284826.

Meet the Portfolio Managers

Michael Munns - A twenty year veteran of the markets, most recently with Merrill Lynch in London, Mike managed over 200 people as the Global Head of Equity Linked Trading before leaving to establish Prodigal. A qualified Actuary with an intimate knowledge of both emerging and developed markets, Mike brings a wealth of experience and a decisive management style that has contributed to the successful alpha generation exhibited by Prodigal’s funds.

Jeff Lee - Born and educated in the USA, Jeff is also a 16 year veteran of Merrill Lynch and was previously the Global Head of Foreign Exchange and Commodities Trading at nabCapital Global Markets.  Jeff’s extensive experience in emerging markets included his role as Managing Director of Emerging European, African and Latin American local markets trading and Latin American credit derivatives at Merrill Lynch.  Jeff brings a diverse product knowledge and a balanced management style that has contributed to the excellent risk management of Prodigal’s Funds.