Monday, 22 December 2014
Last updated 5 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.