Artradis Fund Management (often referred to simply as Artradis), founded in 2001,[2] was an Asian long volatility biased multi strategy alternative asset manager with operations centered in Singapore and presence in the BVI and Switzerland.[3] Its flagship funds, Barracuda and AB2, conducted market-neutral trading strategies including index arbitrage, warrant arbitrage, stock class arbitrage, convertible bond arbitrage, volatility arbitrage, volatility dispersion, and dividend arbitrage. A common theme through these strategies was to be long tail risk, primarily through volatility.
The company was co-founded in 2001 by Stephen Diggle and Richard Magides[4] and grew assets under management from US$4 million to US$4.7 billion at its peak in 2008, principally in its flagship Barracuda and AB2 funds. These funds halved in size to US$2 billion in 2009 as a result of withdrawals and underperformance,[5]