Sun, Oct 23, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

CTA PJM Capital announces new 2X programme

Friday, December 03, 2010
Opalesque Industry Update - PJM Capital, the $250mm Washington, D.C. based quantitative CTA trend follower, has announced plans to launch a new 2X programme in January 2011. The new programme aims to take advantage of the comparatively lower levels of volatility demonstrated by PJM's existing programme in order to provide institutional investors with the opportunity to access a higher yielding profile.

Ahead of the launch, Signature Advisors (the single manager marketing division of Kenmar Global Investment Management (UK) Ltd, Kenmar’s wholly-owned and FSA registered marketing affiliate in the UK) has invited Dr. Peter Matthews, the Portfolio Manager and Founder of PJM Capital, to London to present his philosophy on investment markets to a number of selected institutional investors. Prior to establishing PJM Capital, Dr Matthews was a Founding Partner and the Chief Portfolio Strategist at Mint Investment Management Company (1984-2000), the first CTA to exceed USD $1bn in AUM in 1991, where he was responsible for creating their trading systems.

According to Mr Stephen Kingham, Managing Director and head of marketing at Signature Advisors, "We are delighted to be working with an industry pioneer in the managed futures space. PJM's state of the art risk management systems coupled with Peter Matthews’ unique Scientific Approach to Trading allows institutional investors to access to a 2X programme with a risk profile in line with the typical trend following programme but with the potential for comparatively greater upside returns".

The 2X programme is expected to be available via Kenmar's Institutional ClariTy Managed Account & Analytics Platform. The 2X programme has also been constructed to benefit from two liquidity points per month in addition to daily position transparency at the portfolio level. Corporate website:

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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 - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Macro hedge funds up 3.3% in one week on Fed and Brexit pays off[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were boosted by the strong performance of global macro funds, with the Lyxor Global Macro Index gaining 3.3% as of the week ending Oct. 11 (-1.7% YTD), Lyxor Asset Management reported. Their short on the p