Key Takeaways
- • Cowen Group, Inc. launched the Ramius Trading Strategies Managed Futures Fund, a daily-liquidity mutual fund giving investors access to a multi-manager portfolio of institutional-caliber managed futures managers.
- • The fund commenced operations on 13 September 2011 with approximately USD230 million in assets under management.
- • The fund is managed by William Marr, President and CEO of Ramius Trading Strategies LLC (RTS), and Alexander Rudin, PhD, Director of Investment Research at RTS.
- • The product uses Ramius' proprietary managed account infrastructure, offering position-level transparency and enhanced risk analytics, with low minimums and 1099 tax reporting.
- • The launch is Ramius' second mutual fund offering, targeting financial advisors and mass affluent clients seeking liquid alternatives.
Summary
Cowen Group, Inc. has launched the Ramius Trading Strategies Managed Futures Fund, according to Hedgeweek. The fund gives investors access to a portfolio of institutional-caliber managed futures managers in a daily liquidity format. It is built on Ramius' proprietary managed account infrastructure, which the firm says provides position-level transparency and enhanced risk analytics.
The fund commenced operations on 13 September 2011 and has approximately USD230 million in assets under management. William Marr, President and CEO of Ramius Trading Strategies LLC (RTS), and Alexander Rudin, PhD, Director of Investment Research at RTS, manage the fund.
Thomas W. Strauss, President and CEO of Ramius LLC, described the launch as the firm's second mutual fund offering and said it reflects a commitment to new and diverse liquid alternative products. He said the fund is intended for financial advisors and their clients, many of whom have had limited access to institutional-caliber alternative investments. Strauss noted that the managers were selected through a rigorous due diligence process and trade within a robust managed account structure.
Marr said institutional investors have been increasing allocations to managers with managed futures expertise because the strategy has historically provided diversification. He said the fund extends that strategy to mass affluent clients, offering low minimums, daily liquidity, and 1099 tax reporting.
The fund commenced operations on 13 September 2011 and has approximately USD230 million in assets under management. William Marr, President and CEO of Ramius Trading Strategies LLC (RTS), and Alexander Rudin, PhD, Director of Investment Research at RTS, manage the fund.
Thomas W. Strauss, President and CEO of Ramius LLC, described the launch as the firm's second mutual fund offering and said it reflects a commitment to new and diverse liquid alternative products. He said the fund is intended for financial advisors and their clients, many of whom have had limited access to institutional-caliber alternative investments. Strauss noted that the managers were selected through a rigorous due diligence process and trade within a robust managed account structure.
Marr said institutional investors have been increasing allocations to managers with managed futures expertise because the strategy has historically provided diversification. He said the fund extends that strategy to mass affluent clients, offering low minimums, daily liquidity, and 1099 tax reporting.
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