FRM Launches Fund Of CTAs In Australia

Feb 28 2011 | 11:32am ET

Fund of hedge funds firm Financial Risk Management has launch a multi-manager managed futures vehicle with A$25 million in assets.

The FRM Sigma fund currently boasts a portfolio of seven managers. The new fund's first millions were sourced from financial planners in Australia and New Zealand.

"FRM Sigma provides exposure to CTAs trading futures contracts over share indices, bonds, interest rates, currencies and commodities using highly-automated systematic trading systems," FRM Australia's Richard Keary said.

"There is a high level of familiarity with [commodity trading advisors] amongst many financial planning groups," he added. "We continue to talk to financial planners and groups about Sigma and receive very positive responses. It is early days but we are talking about model portfolios with some of these planners."

Sigma is targeting annualized returns of 15%. The minimum investment is A$25,000.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note