Fri, Jul 31, 2015
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   |   
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: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner