Fri, Feb 5, 2016
A A A
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: www.pjmcapital.com

- 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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider