Thu, Feb 11, 2016
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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s