Wed, Apr 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers June 2017

BULLETIN: Assets, closures, hires, etc., A&P Emerging Manager Index

 

CTA Devet Capital reaches $100 million

Systematic alternative investment manager Devet Capital Investments' assets under management have reached $100m, having risen from $29m in April 2016. Devet Capital Investments is one of the fastest growing CTAs in the sector.

"This is an important milestone for us, particularly as our asset growth has been fully organic without any involvement of seeders or accelerators," said Irene Perdomo, co-founder, Devet Capital Investments.

The flagship program, Devet Capital Absolute Return Strategy, utilises systematic, market-neutral strategies on commodities' futures. The strategy searches for statistically-defined anomalies in the shape of commodity curves that recur over time, seeking to produce consistent returns across different market regimes.

"We attribute our rapid asset growth to CTA investors who are constantly looking for niche products that are non-correlated to the market. In addition, our product features low and controlled drawdowns, low volatility and low margin consumption. Our strategy is non-correlated with all the major benchmarks including commodities and has not been affected by any of the major macro events in the last years," added Leonardo Marroni, co-founder, Devet Capital Investments.

In September 2016 Devet launched its C.T.A. ('Capturing Talent Alpha') program. The aim is to work with and develop managers able, in time either to contribute new strategies to Devet's established portfolio or to underpin the launch of new systematic investment products. Two new managers are currently employed in the program. Press r......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its