Robert Robbins, former manager of the long/short hedge fund Robbins Capital, has launched a new venture: everTrend Global, a macro managed futures fund with $2 million in assets.
everTrend Global is a trend-following fund, designed to invest in the direction of medium and longer- term trends in a diversified group of futures markets.
“Since change is the driver of both risk and returns, our funds are designed to profit from a wide variety of environments,” said the release describing the launch. “Our systematic, trend following approach provides clients with a disciplined and flexible way to profit from macro cycles. The process is quantifiable, repeatable, diversified and tested through myriad economic environments. The result is a robust fund that can adapt and reposition itself as conditions change.”
The fund will invest across seven asset classes. Said Robbins, who is president and portfolio manager of the new fund: "I'm pleased to be able to offer this investment opportunity to investors in this environment of uncertainty. This fund was designed to offer diversification, flexibility, systematic risk management, and global exposure not available in mainstream investment products.”
The fund administrator is NAV and the prime broker is MF Global. Robbins says the minimum investment is $50,000 if he knows the investor, otherwise $100,000. His target investors are high net worth individuals, RIAs and family offices