Thu, Sep 1, 2016
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. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  2. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  3. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  4. Investing - Hedge funds express interest in acquiring Terraform's class B shares, REIFs: A new opportunity for foreign real estate investors, $21bn distressed expert hedge fund likes these 4 ideas, This merger arbitrage ETF is drawing increased interest, Investors look to emerging Asia for returns[more]

    Hedge funds express interest in acquiring Terraform's class B shares From Thecountrycaller.com: The US residential solar provider, Sunedison Inc. has received a bid from hedge fund manager D.E Shaw & Co LP for controlling a stake in its Yieldco TerraForm Power Inc. According to Reuters,

  5. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin