Thu, Mar 23, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He