Thursday, 24 July 2014
Last updated 1 hour ago
Dec 3 2010 | 11:00am ET
Frontier Capital Management is set to launch its second vehicle, a fund of managed futures hedge funds.
The new FrontEdge Managed Futures Fund will allocate to about 20 underlying managers. It will debut with $40 million in initial assets, but the firm hopes it will grow to $60 million by the end of the year.
"The inclusion of managed futures in either traditional equity/bond or more diversified portfolios has been shown to improve risk-adjusted returns, and is one of the most liquid absolute return stategies," Frontier founder Michael Azlen said.
The new fund is managed by Marc-Phillipe Davis and Alex Gaitain. It is available in U.S. dollar and pound Sterling share classes and via the Trasact and Nucleus platforms. There is a $100,000 minimum investment.
Frontier Capital currently has some $600 million in assets under management.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…