Analytic Investors To Sub-Advise 361 Capital Long/Short Fund

Sep 17 2014 | 11:01am ET

Liquid alternatives specialist 361 Capital is launching a long/short equity mutual fund sub-advised by Los Angeles-based quant Analytic Investors.

The 361 Global Long/Short Equity Fund will use the same investment strategy as the Analytic Global Long/Short Equity Portfolio, a separately managed account  launched in December 2009.

“The launching of this fund will provide a quality long/short mutual fund option to investors,” said Tom Florence, CEO of Denver-based 361 Capital, in a statement. “There is clearly a shortage of attractive long/short equity mutual funds, and even more so funds that deliver global exposure.

“In Analytic Investors, we have a sub-advisor with more than 40 years of experience managing both traditional and non-traditional portfolios. Importantly, they have effectively been managing this strategy for almost five  years.”

Founded in 1970, Analytic Investors is an employee-owned, boutique asset management firm specializing in quantitative investment solutions and portfolio management. The firm has about $10 billion in assets under management.

“We manage money for some of the world’s most sophisticated and demanding institutional investors, and look forward to bringing our investment focus to advisors and their clients,” said Harin de Silva, president and portfolio manager of Analytic Investors, in a statement. “We have worked with the senior management at 361 in the past and believe they have the right approach to working with advisors, and will execute their plans for the growth of this Fund.”

The fund will seek to achieve long-term capital appreciation. The fund also seeks to participate in rising markets and preserve capital in down markets.

The 361 Global Long/Short Equity Fund is the first of a planned series of funds sub-advised by single managers. It also follows the launch of two new internally managed mutual funds—361 Global Managed Futures Strategy Fund and 361 Global Macro Opportunity Fund—in the last five months. In addition, effective August 28, 2014, the Firm has changed the name of its 361 Long/Short Equity Fund to the 361 Market Neutral Fund. The renamed fund will maintain its investment strategy and track record, but will now be classified in Morningstar’s Market Neutral category.

Founded in 2001, 361 Capital specializes in highly liquid strategies, including managed futures, market neutral, multi-strategy, and global macro strategies, accessible through mutual funds, limited partnerships, and separate accounts.


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