Opalesque Exclusive: BlueAlpha rolls out agricultural commodity trading strategy into a new fund, the PolarStar Fund
Friday, November 21, 2008
Portfolio manager Uys Meyer told Opalesque about BlueAlpha’s new launch.
BlueAlpha Investment Management rolled its agricultural commodity trading strategy into a new fund, the PolarStar Fund, last month with AUM of $9m.
BlueAlha has been managing the strategy for the last 2.5 years achieving annualized returns in excess of 30%. The fund trades in agricultural product financial contracts listed on regulated global commodity exchanges. The PolarStar Fund employs a fundamental and relative value investment process, driven by supply and demand. The strategy will trade intra- and inter commodity and exchange spreads. Down-side risk is minimized by the active management style of the......................
From the Opalesque team:
Paris-based Algodeal, a quant platform founded by IT professionals Benjamin Filippi (formerly at Lehman) and Jean-Christophe Allemand (formerly at Newedge), will launch its first fund towards the end of 2Q1