Wed, Oct 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

London CTA manager Beach Horizon launches US onshore feeder fund to flagship, new Chicago office, new appointment

Thursday, December 03, 2009
Opalesque Industry Updates - Beach Horizon LLP, the London based investment manager, announced the launch of a new US Onshore Feeder Fund to its flagship fund. The new US Fund is incorporated in Delaware and was launched on 1st December 2009 with initial AUM of $10 million. Total assets in the program are now US$260 million. Demonstrating Beach Horizon’s further commitment to the needs of US investors they have also opened a US office in Chicago, Beach Horizon Inc.

Richard Ewan has been appointed as President of Beach Horizon Inc. He has over 30 years of experience in the alternative investment industry. He previously worked for Man Investments for 16 years in five of their global locations in various roles in sales, marketing and business development. Most recently, he was with Man Investments in Toronto as Director of Business Development.

David Beach commented: ”Launching an onshore fund and opening an office in the U.S.A. seemed a natural progression for us. We already have an offshore fund in Cayman and have seen demand for an onshore product. We are very fortunate to have Rich Ewan onboard. Rich has lots of experience in the alternative industry and we were delighted when he agreed to head up our Chicago office teaming up with Edward Sutro, in London, to greatly enhance our global marketing coverage.”

Beach Horizon LLP runs a systematic diversified managed futures fund with a high exposure towards commodities. The program targets a long-term volatility of 15% and last year put in an impressive performance of +59.82%. After a period of lacklustre markets in 2009 for the managed futures industry, Beach Horizon was able to hold onto most of the gains of 2008 and has put in a strong November of +7.53% bringing performance year to date to –2.32%.

David Beach also added: "Our unique quantitative model and asset allocation methodology has led to a clear performance differentiation within the CTA space. This positive performance differential continues our long tradition, to add value to investors in Managed Futures seeking some diversification (as well as strong performance) from the majority of medium to larger CTAs, which have a dominance of financial market products in their portfolios."

Beach Horizon’s systematic trend-following system identifies and captures trends in diverse financial and commodities futures markets. Beach Horizon’s Program was opened to managed-account and fund clients in May 2005. Managed accounts have a minimum investment of $5 million, and the fund has a minimum investment of $100,000.

Beach Horizon LLP is regulated by the UK Financial Services Authority and registered with the Commodity Futures Trading Commission as a Commodity Trading Advisor.

www.beachhorizon.com


Be

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t