Thursday, 30 October 2014
Last updated 5 min 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.