Sun, Dec 4, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  3. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  4. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released

  5. Hedge funds gain on Trump market rally, positive U.S. data[more]

    Komfie Manalo, Opalesque Asia: Hedge funds enjoyed meaningful returns in the week ending November 22, with the Lyxor Hedge Fund Index moving up 0.7% over the period (-1.6% YTD). From a broad perspective, all strategies ended the week on a positive note except for CTAs that ended flat. Event d