Sat, Nov 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

CTA fund of funds FRM Sigma gains momentum as assets approach $1 billion

Friday, June 10, 2011
FRM Sigma, the CTA fund of funds managed by Financial Risk Management (FRM), continues to build momentum as one of the leading and most compelling ways for investors to access CTA returns.

The fund has been gaining increasing traction with investors, with assets doubling in the last twelve months, reaching nearly $700 million at the end of April 2011. Based on the current rate of inflows, Sigma is projected to reach $1 billion in assets by the end of 2011.

In addition, on 26 May, Sigma was named best 'Fund of Hedge Funds Sector Specialist over $500m’ at the HFMWeek European Performance Awards. This is the second time in three years that Sigma has won the sector specialist category.

Over its five year track record, Sigma has consistently demonstrated its ability to outperform other CTA funds of funds as well as many premier single manager CTAs. Since inception in November 2005, Sigma has generated total net returns of over 103%, including a net return of 17.5% in 2010 and 36.4% in 2008.

Marc Fisher, Managing Director at FRM, stated: “Sigma’s outperformance is directly linked to our distinctive approach. The fund performs more like a premier CTA than a traditional fund of funds.”

“We comprehensively evaluate the CTA universe to find the best advisors and invest in an active basket of these CTAs using managed accounts. This provides transparency, liquidity and control, and allows us to dynamically adjust allocations to maximise performance.

“Sigma helps give CTA investors peace of mind. It targets the performance of a world-class single CTA, but mitigates many of the risks of investing with a single CTA.”

(press release)

Source

kb

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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore

  5. Opalesque Exclusive: Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A team of two was hired in February this year t