Tue, Feb 21, 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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed