Thursday, 26 May 2016
Last updated 8 hours ago
Jul 9 2014 | 10:27am ET
Denver-based liquid alternatives firm 361 Capital has launched a global macro fund to be managed by Janus Capital vet Blaine Rollins.
Rollins, who joined 361 Capital in 2011, was executive vice president at Janus, where he served as portfolio manager of the Janus Fund, Janus Balanced Fund, Janus Equity Income Fund, Janus Aspen Growth Portfolio, Janus Advisor Large Cap Growth Fund and the Janus Triton Fund. He was with Janus for a total of 16 years and then became an independent investor for nearly five years.
“I am excited to be back managing a mutual fund, especially with the team at 361,” said Rollins in a statement. “We’ve created an analytical framework and models that drive asset allocation, and we’ve built in the flexibility to incorporate proprietary screens that will allow us to enhance the portfolio. It’s a great combination of my view on macro trends and the financial markets with a systematic approach to investing.”
As lead manager of the 361 Global Macro Opportunity Fund, Rollins invests in a wide range of asset classes that provide exposure principally to U.S. and foreign equity securities, fixed-income securities, commodities and currencies. He also can invest in indices based on a broad range of individual securities, commodities and currencies. The fund may take both long and short positions and currently offers two classes of shares: Class A and Class I.
The fund is expected to be classified in the Morningstar Multialternative category and its objective is to seek long-term positive absolute return.
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.