The firm has carved out a clear niche in managed futures and global macro multimanager investing. After initially focusing on private hedge funds, Abbey branched out to mutual funds in 2014 and more recently into custom mandates. As of July 2023, the combined assets of its two open-end funds surpassed USD 3 billion and accounted for close to half of the firm's total assets. Co-founders Tim Brosnan and Tony Gannon own more than 90% of the firm, with CEO Mick Swift and board chair Claire Gately splitting the remaining equity. This management and ownership structure is top-heavy, but the firm has been busy with succession planning and has thoughtfully promoted talent to leadership positions.
Abbey has stayed ahead of its peers by maintaining commendable proprietary systems tailor-made for monitoring its network of commodity trading advisors. or CTAs. By opting for a managed account over a fund-of-funds structure, Abbey receives more timely data from its CTA partners and can more nimbly perform ongoing due diligence and risk management. A growing team of roughly 80 people across Dublin and New York provides ample staffing for these efforts. Fees run higher than those for more traditional strategies but are not out of the ordinary for Abbey Capital's investing niche.