Thu, Apr 17, 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   |   
Banner
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. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque TV: First Trust Advisors launches liquid alternatives platform[more]

    Bailey McCann, Opalesque New York: First Trust Advisors is launching a new liquid alternatives platform aimed at building on the companies existing alternative ETFs offering by adding hedged mutual funds. Senior Portfolio Managers Rob Guttschow and John Gambla recently sat down in an

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo