Tue, May 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Anello Asset Management registers with the CFTC and become members of the NFA

Monday, February 28, 2011
Opalesque Industry Update - Anello Asset Management, the independent alternative investment manager and specialist managed account provider, is pleased to announce that the Company has registered with the Commodity Futures Trading Commission (CFTC) and has become a member of the National Futures Association (NFA), with a view to a US launch in the very near future.

The CFTC is an independent organisation with the mandate to regulate commodity futures and option markets in the US. All companies wishing to trade in the US must be registered with the CFTC before they can become active in this market.

The NFA is the industry wide, self-regulatory organization for the US futures industry and approval is a mandatory requirement for businesses wishing to trade the US futures exchanges.

AAM has received increased demand from US institutional investors to launch its products stateside, where the managed account market is already well developed. This follows the recent news that AAM has launched two stand alone managed accounts, the AAM Isis FX Programme and AAM Omega Programme, which are both exclusively regulated in the UK and mainland Europe, and aim to deliver absolute risk adjusted alpha returns, via systematic trading of the major spot FX and global futures markets.

Amit Mehta, Partner, Anello Asset Management, commented: “Having established the business for the UK market in 2009 and subsequent FSA approval in 2010, I’m very pleased that we’re now able to market in the US at this early stage of our development. We have ambitious expansion plans - to hire the very best industry professionals in our space, launch further programmes and make Anello AM the first port of call for investors looking to utilise managed accounts to generate absolute returns.”

Mark Hewlett, Partner, Anello Asset Management Commented: “Since November 2010, we’ve been inundated with calls from US investors wanting to invest in our managed accounts and had to turn those enquiries away, as we weren’t regulated in the US. So, with this in mind, we’ve accelerated our move into the US and hope to submit disclosure documents to the NFA for the Isis programme within a week.

This is big news for Anello AM, as we are now registered in the most developed commodity trading advisor and managed account market in the world, which will enhance our reputation in this market globally.”Corporate website: www.anelloam.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. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  2. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  3. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  4. J.P. Morgan Asset Management launches ultra-short income ETF[more]

    Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management, the $1.5tln investment management arm of JPMorgan Chase & Co., has launched the JPMorgan Ultra-Short Income ETF (JPST), an actively managed ETF that seeks to provide current incom

  5. News Briefs - A former hedge fund manager is running a free masters program in financial engineering, Trinity Fund Administration Ltd joining the Mainstream BPO Group, Chelsea Clinton's husband joins Silicon Valley's Social Capital, The quants run Wall Street now[more]

    A former hedge fund manager is running a free masters program in financial engineering A former hedge funder is offering a free masters degree in a field that's integral to Wall Street's future. Igor Tulchinsky, a former managing director at Millennium Partners, a New York-based hedge fu