Former Integra Trader Launches FX Program

Jul 18 2007 | 2:05pm ET

St. Augustine, Florida-based trading advisor Logic Fund Management recently launched a G-7 currency trading program. The systematic offering, AlphaFX, is up 1.37% in its first three months of trading and is currently managing $5 million in assets.

According to the firm’s disclosure documents, AlphaFX’s model was developed to “capitalize on opportunities that exist from the positioning of market participants surrounding economic data releases and highly liquid trading periods.” Its entry and exit signals are “within the context of a modified day defined through extensive statistical and historical analysis.”

The program charges 2% for management and 20% for performance, with a $1 million minimum investment requirement. It is targeting 15% to 20% returns annually with standard deviation of less than 7%.

Bryan Rich founded Logic in February after serving as a senior trader for Integra Investment Management, a $750 million global macro hedge fund shop. Prior to Integra, Rich also served as a partner at Coe Capital, a currency futures managed futures shop.


In Depth

Q&A: Jeff Eaton Talks Capital Raising, CalPERS And The Secondaries Market

Oct 14 2014 | 10:16am ET

Global placement agent Eaton Partners has raised close to $60 billion for some of...

Lifestyle

MacDonald-Korth Offers Insights Into Paintings Bought, Sold By Hedgies

Oct 7 2014 | 9:00am ET

Definitive and complete ratings require an in-person examination of an artwork,...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.