Man Rolls Out Quantitative Sovereign Fund

Sep 4 2012 | 10:23am ET

The Man Group has put its flagship strategy to work on sovereign debt.

The troubled hedge fund giant teamed up with Nomura Holdings to launch the Systematic Fixed Income Fund. The new vehicle employs algorithms from Man's AHL Strategy to the low-yield environment of government bonds, hoping to profit from spot distortions and trends in the space.

Man hopes the fund, which debuted in July with $50 million in outside capital, can manage double-digit returns, following modifications to AHL designed to limit exposure to bond futures.

"Yields are also at extremely low levels," Sandy Rattray, chief investment officer of Man Systematic Strategies, told Reuters. "If you're long bonds, you certainly know what your upside is."

The Systematic Fixed Income Fund will invest in interest rate and bond futures, currencies and interest rate swaps. The vehicle, announced in April, will also trade emerging market currencies when it considers the timing right.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.