IAM Launches $100 Million CTA Portfolio

Feb 3 2009 | 9:35am ET

Fund of hedge funds shop International Asset Management has launched the IAM Trading Fund with more than US$100 million in assets. 

The fund will invest in diversified portfolio of commodity trading advisers, initially allocating money to between 10 and 15 CTAs.

In last year’s turbulent market, CTAs outperformed their hedge fund counterparts.

“During the current turmoil, volatility has not risen in CTAs as it has for most other strategies,” said Morten Spenner, CEO of IAM.

“Importantly, we also regard the strategy as having ample capacity: as of Q3, 2008 the Global AUM of CTAs was US$226 billion. The other benefits of CTAs are that they utilize futures, which are highly regulated and liquid, with low trading transaction costs and minimal counter-party risk.”

IAM was founded in 1989 and managed some US $3.3 billion as of the end September.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Sass Program To See Brooklyn College Students Run Hedge Fund

Nov 26 2014 | 7:56am ET

They say you learn by doing, so the students at Brooklyn College will learn to run...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.