Superfund Seeks To Recover From Not-So-Super Year

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.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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