RA Asset Management has launched an alternative investment fund, Sirius Alpha, investing in a portfo...
RA Asset Management has launched an alternative investment fund, Sirius Alpha, investing in a portfolio of managed futures.
Administrators to the fund will be alternative fund specialists, Custom House.
The Cayman-domiciled fund will trade financial and commodity futures and other investments using proprietary trading methods developed by UK based RA, whose principals are Jonathan Riley and Elle Anderson.
The methodology is based on quantitative analysis of the market and the identification of medium and long-term trends.
Anderson said: "We feel that a medium- to long-term trend approach to trading such markets remains under-exploited. We expect to hold a good proportion of trades for periods of many months, in some cases for more than a year. This focus on the longer term remains unusual compared to most other funds.
"We see the current period as an ideal time to launch a fund trading in a wide variety of markets in this way. The last few years have shown that huge funds can struggle when there are no major trends in the big markets.
"By contrast, markets have remained good for smaller, more nimble global funds."
The models used were developed by Riley who has more than 15 years experience in financial markets involving interest rates, foreign exchange and commodity risk management. He also overseas the overall risk management process.
Anderson has more than 12 years dealing experience across a number of financial markets and has worked for a number of investment banks including Goldman Sachs, Morgan Stanley and Commerzbank. She has extensive experience of futures, options and over-the-counter derivatives in respect of equities, interest rates and foreign exchange. She is primarily responsible for the execution of day-to-day trading decisions.
The Sirius fund is an open-ended, Cayman-domiciled vehicle. Minimum investment is $50,000.
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