Sunday, 29 November 2015
Last updated 2 days ago
May 22 2007 | 1:36pm ET
Charlottesville, Va.-based Quantitative Investment Management is reopening its flagship managed futures program, the firm said.
The $1 billion Global Program reopened to current investors at the beginning of this month, and will become available to new investors on June 1. The firm credited improvements in execution and strategy for the decision to reopen the program with a new capacity of roughly $2 billion.
The program launched five and a half years ago and has posted annualized returns of 19.7% (with an annualized volatility of 11.4%). Through the end of April, it is up 10.2% in 2007.
The program does not charge a management fee. The performance fee is 30%. There is a $250,000 minimum investment requirement for fund investors, and a $20 million minimum for managed accounts.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…