Fri, Jun 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Swedish CTA, RPM launches the RPM Evolving CTA Fund, targeting new and growing CTAs

Tuesday, June 04, 2013

Bailey McCann, Opalesque New York:

RPM Risk & Portfolio Management AB – a CTA/Macro specialist based in Stockholm, Sweden, has launched a new Luxembourg‐domiciled fund (SICAV), that aims to invest with CTAs that are in their most competitive stage of development. According to the firm, they hope to buck the current trend of allocating assets to the largest CTAs by specifically focusing on younger managers, with smaller AUM.

The firm has also authored a research note on the methodology behind this new fund, noting that, "Both internal and external studies indicate that very large managers (in terms of AuM) usually have their best absolute and relative returns behind them. Instead, it is often smaller managers that have left the start‐up phase and entered the growth‐phase, that offer the most competitive returns. These "Evolving CTAs" are typically energetic, creative and innovative and have historically outperformed their larger peers."

"Our intention is to find them before they have grown too big – or too old – to maintain the performance that typically occurs during the first five to seven years of their existence," says RPM CEO Mikael Stenborn. The Fund will only invest with CTAs that are in the Evolving phase – defined by age and AuM – and that are deemed to belong to the very best in this sub‐universe of managers.

These findings echo our recent Opalesque ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Comment: For emerging market debt, a sustainable recovery[more]

    Matthias Knab, Opalesque: Standish Mellon Asset Management Company writes on Harvest Exchange: After several difficult years, the outlook for emerging market debt (EMD) denomin

  2. J.P. Morgan Global Alternatives raises distressed shipping fund[more]

    From Institutionalinvestor.com: J.P. Morgan Global Alternatives has closed a $480 million fund to invest in distressed shipping assets, attracting capital from pensions, endowments and insurance companies. The firm, which has been investing in maritime for more than a decade, initially targeted $400

  3. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  4. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  5. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is