Thursday, 18 December 2014
Last updated 3 hours ago
Jul 28 2010 | 1:54pm ET
Retail hedge fund firm Superfund has launched a new managed futures fund targeting Japanese investors with hopes of raising US$100 million.
The new Superfund Blue Japan fund became available to Japanese retail investors today, Bloomberg News reports. The Cayman Islands-based firm called the vehicle the first publicly-offered equity-market neutral fund in Japan.
“Japanese investors had to look for other opportunities much earlier than other global countries,” Johann Peter Santer, president of Superfund Securities Japan, told Bloomberg. “Japan has a high passion and sophistication for systematic trading.”
The new fund—Superfund’s third in Japan—will invest in liquid global equities using a quantitative model. It will also make short bets on futures indices. The fund has enjoyed theoretical annualized returns of 11.52% over the past three years, and will be available in both yen- and gold-denominated share classes.
The gold share class has posted a 40% return in simulated trading this year.
Superfund hopes to roll out similar vehicles in the U.S. and Austria, although it is unclear when those funds would be launched.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.