Managed Futures Specialist Grant Park Approaches $1B AUM

Aug 5 2011 | 8:37am ET

Chicago-based Grant Park Funds, a managed futures specialist, is closing in on $1 billion in assets under management.

"Grant Park's steady asset growth reflects advisor and investor recognition of our transparency, rigorous due diligence adherence and ability to produce non-correlated returns while actively managing portfolio risk across the global markets," said David Kavanagh, Grant Park founder and CEO. "This milestone reflects the strength of our investment philosophy and the talent of the Grant Park team. We continue to raise assets at high rates, with 40% growth in assets year over year in our publicly-available fund. Managed futures have come of age as the flight to quality and diversification continues."

The  Grant Park Managed Futures Strategy Fund seeks to capture returns related to price trends in the commodity and financial futures markets, investing primarily in investment-grade securities. The strategy is based on quantitative and fundamental analyses of price trends in six market sectors.

"We offer access to global futures and commodities that are otherwise difficult to access, meeting the growing demand for the preservation of capital by limiting downside risk and providing greater portfolio diversification," said Kavanagh. "Grant Parkwill continue to create additional mutual funds and private placement offerings to meet significant client demand in the coming year. We owe our success to the fact that we identify and work only with the best money managers in the space, and have so for more than 20 years."


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...