361 Capital Launches Second Managed Futures Fund

Apr 3 2014 | 9:45am ET

Denver-based 361 Capital has launched a new hedge fund-like mutual fund.

The 361 Global Managed Futures Strategy Fund began operations on February 12, 2014, and was up 5.6% as of the end of March. It invests in long and short positions in futures contracts on indices primarily comprised of non-U.S. issuers. The fund seeks to generate performance by employing a suite of systematic trading models that take positions (long, short, or cash) primarily in equity index futures contracts across the globe.

The new fund follows in the footsteps of the firm’s flagship million 361 Managed Futures Strategy Fund, which managed $611 million as of the end of March. 

“The 361 Managed Futures Strategy Fund provides our investors with a counter-trend approach to equity managed futures investing with a focus on the U.S. markets,” said Tom Florence, CEO of 361 Capital, in a statement. “The new global fund takes advantage of the same counter-trend approach while adding exposure to the other major markets around the world.”

Founded in 2001, 361 Capital specializes in managed futures, long/short equity, multi-strategy, and global macro strategies, accessible through mutual funds, limited partnerships, and separate accounts.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of