Hermes Unveils CTA Platform

Jan 26 2012 | 9:50am ET

Fund of hedge funds Hermes BPK Partners has launched a managed accounts platform for commodity trading advisors.

The new Alpha Vault Managed Futures program will focus on global, mid-sized CTAs with traditional characteristics. It debuted with some $275 million in initial assets.

"While CTAs can be volatile, they have been very strong diversifying properties with historically high negative correlation to rapidly declining equity markets," CEO Matteo Dante Perruccio said.

Hermes will use a three-year performance fee structure and will reimburse fees if the program does not earn clients money.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...