Wed, Feb 21, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Molinero Capital Management launches systematic CTA hedge fund

Monday, October 26, 2009
Opalesque Industry Updates - London-based hedge fund manager Molinero Capital Management LLP launched on 14 October its first independent hedge fund, Molinero Global Markets Fund, a systematic CTA hedge fund.

Laven Partners Ltd, the London based investment management consultancy and Laven Legal Services Ltd, an associated law firm, advised Molinero Capital Management LLP on the structuring and launch of the fund.

The fund aims to produce consistent above average returns through long-term and short-term investments in the global futures markets using a unique proprietary trading program, while also seeking to mitigate risk through diversification of investments and hedging activities.

The fund will invest in futures and forwards contracts in currencies, interest rates, equities, bonds and commodities.

The fund is managed by Rafael Molinero who has more than 10 years’ experience in the hedge fund and financial services industry. Previously, he managed funds for Rotella Capital Management, a US-based CTA.

Laven Partners Ltd advised on the incorporation of the fund in the Cayman Islands and its registration with the local authorities while Laven Legal Services Ltd provided legal assistance for the fund and on its offering memorandum.

Rafael Molinero, portfolio manager, Molinero Capital Management LLP, said: “In the current environment, investors are looking for products that deliver returns with minimal risk. The fund’s models use a variety of risk management techniques including active stop losses. Alongside this, we will maintain a diversified portfolio which will help us benefit from a wide variety of investment opportunities.”

Jérôme de Lavenère Lussan, Principal Founder and CEO, Laven Partners Ltd said: “Laven has recently seen a pick-up in the number of new hedge funds. These new managers are more aware of the need for high quality structures in line with regulators' best practices. It is important to have the right risk strategy and the team at Molinero Capital Management are not only highly experienced but have a strong operational culture. We are glad we were chosen to assist them with this launch.”

http://molinerocapital.com/

Laven Partners (www.lavenpartners.com) is an investment management group offering consultancy services, including fund structuring, tax, legal and compliance services to fund managers, as well as independent operational due diligence and advisory services to investors.


Be

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. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu

  2. Opalesque Exclusive: Global Sigma captures February's long-vol trade[more]

    Bailey McCann, Opalesque New York for New Managers: Florida-based Global Sigma rode February's volatility to new highs. The firm's AGSF strategy is up +2.8 percent through February 16 and +4.2 percent YTD a

  3. Institutional Investors - Hedge funds regain their appeal for a $57 billion asset manager, Private credit strategies in stratosphere[more]

    Hedge funds regain their appeal for a $57 billion asset manager From Bloomberg.com: With volatility back on the radar, one of the Nordic region's biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio. Mikko Mursula, the chief investment off

  4. Investing - All aboard for hedge funds as trade tide lifts shipping, Hedge funds pile into Time Warner in bet on merger success[more]

    All aboard for hedge funds as trade tide lifts shipping From Reuters.com: Forced to abandon ship after mistiming their investments five years ago, hedge funds are venturing back in a bid to profit from growing global trade flows. Around 90 percent of traded goods by volume are tran

  5. Investing - Hedge funds turn short on tech just as stock rally takes off, After biggest short, speculators slash bearish US bond bets as supply deluge looms[more]

    Hedge funds turn short on tech just as stock rally takes off From Newsmax.com: A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, ac