Sat, May 26, 2018
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. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  2. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  3. Third Point to raise $400 million for SPAC, Farley to run it[more]

    From Reuters.com: Daniel Loeb's hedge fund Third Point LLC plans to raise $400 million for a "blank check" company which will be run by outgoing stock market operator NYSE Group President Thomas Farley, according to a regulatory filing made on Tuesday. The new company, referred to on Wall Stre

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven