Thursday, 5 March 2015
Last updated 42 min ago
May 6 2010 | 1:26pm ET
Superfund, the retail managed-futures fund, had a very tough 2009. But its bouncing back so far in 2010.
The fund, headed by Christian Baha, is up about 18% this year. But it still has a long way to go to make up for last year, when its C-share class shed 51.03%.
“2009 was very difficult for Superfund,” Baha told Reuters. “It was not funny but you have to get through such periods.”
“If you do long-term trend following, you can have a year like this every 20 to 30 years,” the Austrian added.
Superfund’s annual returns practically define volatile. In 2008, when most hedge funds plummeted by double-digits, the Superfund C class soared 74.18%. Since inception nine years ago, the share class is up 360%.
Superfund’s three share classes have US$1.24 billion in assets under management.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…