Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

CTA Amplitude elongates holding periods with new strategy

Friday, September 02, 2016

Benedicte Gravrand, Opalesque Geneva:

The managers of Swiss CTA Amplitude, who already run three short-term trading strategies, are following their own call for portfolio diversification. They took the medium-term trading route with a new strategy fittingly called Adagio, launched on 1st September.

"We have been trading short-term for a long time, while preaching to our clients that diversification, that is, exposure to different trading frequencies and styles, is very important" head of investor relations Heiko Zuehlke tells Opalesque. "So it makes sense for us to diversify too; not just to stay in the niche we have occupied in the last 12 years but to go above and beyond that. We started diversifying in terms of investments last year with the launch of the Vivace strategy, a short-term, systematic program which trades cash equities and equity derivatives. The medium-term trading space seemed a natural next step. We are slowly moving towards longer holding periods."

Amplitude’s Dynamic strategy has an average holding period of 1.5 days, ranging between 2-3 hours and 3-4 days (it returned +16.7% YTD to end-July). Klassik’s holding period is 1.5 weeks, ranging between 3-4 days and 3-4 weeks (+31.3% YTD). And the Adagio strategy trades every 3-4 weeks to 3-4 months – an average holding period of 30 days.

Adagio is a systematic medium-term momentum strategy with some reversionary components and a degree of pattern recognition, trading more than 150 inst......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1