Sat, Aug 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Auspice Capital licenses commodity and managed futures indices for distribution in mutual fund format

Friday, March 30, 2012
Opalesque Industry Update – Auspice Capital Advisors Ltd. (Auspice), a leading alternative investment manager has recently entered into partnerships with two leading North American fund providers, which have both licensed the Auspice eBetaTM Enhanced Indices to use in new mandates.

• Auspice has entered into a partnership with Direxion Funds of New York to license the Auspice Broad Commodity ER Index and Auspice Managed Futures ER Index for distribution to U.S. investors in a mutual fund format. The two U.S. based mutual funds will seek to replicate the performance of the Auspice Broad Commodity ER Index and Auspice Managed Futures ER Index. The mutual funds both launched February 1st with the following tickers: DXCTX:US and DXMAX:US.

• Auspice has entered into a partnership with Horizons Exchange Traded Funds Inc. and its affiliates (Horizons ETFs) which is a global ETF organization headquartered in Toronto, Canada, and a member of the Mirae Asset Financial Group. Horizons ETFs has licensed the Auspice Managed Futures ER Index for distribution to Canadian investors in an ETF format. The Horizons Auspice Managed Futures Index ETF is expected to first trade on the TSX on or about April 3, 2012.

The two new partnerships are the second and third licensing agreements we have entered into for our indices," saidTim Pickering, CEO and Co-Founder of Auspice. "Not all commodity and managed futures indices are designed the same. Providers see our track record of performance and are recognizing the tremendous value our innovative index methodologies bring to commodity and managed futures investing."

The Auspice eBetaTM Enhanced Indices have been some of the top performing indices in the sector since their launch in 2010. The Auspice Managed Futures ER Index was +8.48% in 2011 while the Auspice Broad Commodity ER Index was +19.56% since inception (Oct 2010). Auspice eBetaTM Enhanced indices are calculated and published by NYSE. Bloomberg Tickers: AMFERI:IND, ABCERI:IND. The methodology documentation, data, and fact sheets are available at www.auspicecapital.com

(press release)

With partner Ken Corner, Tim Pickering has built Auspice Capital Advisors as a next generation CTA, offering strategies in active managed futures (Diversified and Energy), passive ETFs, enhanced indices and custom commodity strategies. Auspice was selected as one of Alberta's 50 fastest growing companies by Alberta VentureMagazine and KPMG for both 2010 and 2011. Auspice is also the winner of the 2011 Silver medal from Morningstar in the category of "Best Opportunistic Hedge Fund" in Canada. Additionally, Auspice is funding a multi-strategy, multi-time period quantitative approach to investing in the global energy futures markets in collaboration with Pulse Capital of New York.

BG

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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added