Thu, Oct 23, 2025
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Jack Schwager, Emanuel Balarie team up to launch multi manager futures and FX fund

Friday, June 01, 2012

amb
Jack Schwager
Bailey McCann, Opalesque New York:

On June 1, US-based ADM Investor Services plans to launch the ADM Investor Services Diversified Strategies Fund, a portfolio of futures and FX managed accounts. ADM Investor Services has tapped into the experience and expertise of industry veteran Jack Schwager to spearhead the manager selection and portfolio construction for the fund. Schwager is the author of John Wileys Schwager on Futures series and the best-selling Market Wizard series, which includes the recently released Hedge Fund Market Wizards. The fund is co-managed by Emanuel Balarie who heads up Balarie Capital Management, the managed futures division of Archer Financial Services.

The funds strategy will be unique in several ways. "I have deliberately constructed a portfolio in order to get literally zero correlation among the managers," Schwager explains. "At the end of the process, when we defined the portfolio and I did a correlation matrix of the managers, the average pair correlation was 0.02%."

In order to achieve this degree of diversification, the portfolio is constructed with an initial group of approximately 20 managers each taking an entirely different approach. Because of the lack of correlation, the portfolio is also expected to have very low volatility. The fund will use notional funding to increase volatility to a target of approximately 6%.

The fund will also operate entirel......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Global fintech investment slumps to seven-year low of $95.6bn[more]

    Laxman Pai, Opalesque Asia: Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions, revealed a study. According to the Pulse of Fintech H2'

  2. Opalesque Exclusive: Private capital deal value climbed 19% in 2024[more]

    Bailey McCann, Opalesque New York: Private capital deal value climbed 19% in 2024, according to the latest data from the Global Private Capital Association. Growth was driven by big-ticket investments across Southeast Asia, Latin America and Central & Eastern Europe (CEE). Investor confidence

  3. Opalesque Roundup: Citco: 77% of hedge funds achieved positive returns in January 2025: hedge fund news[more]

    In the week ending February 21st, 2025, a report revealed that hedge funds enjoyed one of their best opening months this decade in January, as Equity and Multi-Strategy funds posted strong returns. Funds administered by the Citco group of companies (Citco) delivered a weighted average return of 4%,

  4. Opalesque exclusive: Permuto's new equity unbundling product to change investment model[more]

    Opalesque Geneva for New Managers: Here is a different way of owning stocks coming to you soon: the option of holding just the dividend portion of a stock, independent of its price movements. Or capturing the stock&

  5. Opalesque Exclusive: Hedge funds outperform mutual funds in managing extreme risk contagion - key insights for investors[more]

    Matthias Knab, Opalesque for New Managers: Hedge funds and mutual funds are among the most prominent vehicles for investors seeking growth and diversification. However, a critical question persists: which fund ty