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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...