Altegris Partners With GSA Capital On New Managed Futures Fund

Mar 28 2017 | 9:16pm ET

Alternative investment manager Altegris has debuted a new liquid alternative managed futures fund in tandem with Jonathan Hiscock’s quantitative specialist GSA Capital Partners. 

The new fund, named the Altegris GSA Trend Strategy Fund, will trade under the ticker TRNAX (class A shares) and will be subadvised by GSA, according to a statement. 

TRNAX will seek long-term capital appreciation through the utilization of trend-following strategies that result in uncorrelated absolute returns, the statement continued, and will offer global exposure to stocks, bonds, currencies and commodities. Assets will be traded pursuant to GSA’s flagship Trend Strategy, which employs a range of quantitative algorithms designed to exploit directional trends in global financial markets. 

“We’re pleased to expand our suite of managed futures offerings to provide our clients with access to GSA’s world class strategy,” said Matt Osborne, CIO of Altegris. “Managed futures has historically provided significant portfolio benefits through a variety of market cycles [and] we are excited to leverage GSA Capital Partners’ global reach, data infrastructure and deep research expertise.”

Founded in 2005 by Hiscock, GSA is a well-known quantitative investment manager with assets under management of more than $7 billion, including $3.2 billion in its Trend Strategy.

Altegris was formed in 2002 and identifies, evaluates, selects and monitors investment talent across a spectrum of alternative strategies including managed futures, global macro, long/short, and event-driven managers.  As of December 31, 2016, Altegris and its affiliates have approximately $2.37 billion in client assets.


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