Wednesday, 17 December 2014
Last updated 5 hours ago
Jun 11 2007 | 2:35pm ET
New York-based Asset Alliance Corp. has launched a managed futures fund of funds featuring managers included in the Barclay CTA Index, it announced at the Managed Funds Association Conference in Chicago.
The BTOP50 Managed Futures Fund will include 23 CTA programs; those expected to be in the fund include industry heavyweights such as Kaiser, Winton Capital Management, Armajaro and FX Concepts. The fund of funds is registered with the Securities and Exchange Commission, and features a simplified tax structure, making it available to established asset allocation models.
“This vehicle fills a gap in investors’ portfolios and we are proud to make an institutional grade product available in an affordable and flexible format for retail markets,” Asset Alliance President and CEO Bruce Lipnick said.
Thomas Broadbent, Garry Collins and Elliot Noma will lead the 21-member team running BTOP50.
Asset Alliance said this product is the first in what is expected to be a group of products set to be marketed by broker/dealers, private banks, registered investment advisers and wealth managers.
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.