Armajaro To Spin-Out Flagship’s Systematic Trading Strategy

Jan 26 2010 | 12:41pm ET

Armajaro Asset Management plans to spin-out its systematic trading strategy from its flagship commodities fund.

The US$1.5 billion London-based commodity hedge fund shop’s STS Commodities fund will be its fifth hedge fund. The strategy has been part of its Armajaro Commodities Fund since 2007, and has posted annualized returns of about 25% since then, the Financial Times reports.

The new algorithmic-trading fund will be managed by Will Griffin. Armajaro plans to raise US$100 million for the fund before soft-closing the vehicle to new investment.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of