SELECTED MANAGER LIST
We believe that the real value of managed futures is as a component of a portfolio. Therefore, we do not offer a large list of selected CTAs for selfservice
purposes. Instead, we offer a limited list of CTAs and programs as stand-alone investments.
Bluenose Capital Management, LLC currently offers 3, options based trading programs, two based on S&P 500 futures contracts and one utilizing options on oil futures contracts. Bluenose’s investment approach for all three programs is essentially the same. All three programs are options based and incorporate the same key elements; technical analysis, fundamental analysis risk and prudent money management strategies. Our programs all involve the sale of options, frequently but not always, the sale of positions known as strangles.
Boston & Zechiel Management’s approach to trading is quite similar to a surfer waiting to catch the next wave; we are patient for the cycles to line up in our favor before making a move. We use a repeatable, and thus profitable, annual price cycle to trade the equities market, while always utilizing put options for downside protection. Excitingly, we have begun research on the cycles within the annual cycle to further minimize risk and periodically bank profits.
We have a scalable product that would not experience performance decay if we were to trade a much larger account. The E-Mini S&P 500 futures have daily volume well over 1 million contracts. Our product would only require 8,500 contracts for a $500 million account. The liquidity of over 1 million contracts would allow us to invisibly buy/sell full positions within the needed day.
Buckingham Global Advisors, LLC (“Buckingham”) is a research-driven wealth management advisor. Buckingham’s team has years of experience in trading, investment research, strategy design, risk management, and opportunity identification.
Buckingham applies macro and micro economic analyses, combines fundamental and quantitative research to improve investment returns and control risks. Buckingham focuses on liquid instruments. Currently we runs only one CTA program – Weekly Emini Program. The program trades Emini S&P 500 futures options exclusively.
Our investment philosophy is simple but powerful. In principle, we adhere to Chicago school’s Market Efficiency Hypothesis indicating that active fund management is no better off than passive indexing. Thus, we do not usually predict what market would go, instead we mainly manage the risks associated to our positions. In any given time, market can go up or down each with around 50% probability, this simple statistics is our building block to craft our trading plans in order to capture the excessive return.
We believe that broad market is close to 90% efficient. We are taking advantages of those 10% of market dislocation opportunities happening in the derivative market.
Camkay’s managed futures program is the result of research started in the mid 1990′s when Gary was looking for a method to grow his money during the construction industry’s downturns. He wanted something that was not dependent on increasing real estate prices, GDP growth, or a bullish stock market. By entering both bullish and bearish short term trades in the stock index futures, Camkay’s program has the potential to profit in any market environment. Please be advised that trading futures involves substantial risk of loss and is not suitable for all investors.
The Stock Indices Short-Term Program attempts to take advantage of short-term inefficiencies in the stock index futures markets by using multiple independent intra-day and swing trading models. Trades are generated with proprietary computer generated signals. The average holding period for the swing trading models is five trading days, but can be as short as one day and as long as twenty days. The intra-day strategies are primarily trend following in nature and utilize market volatility. The swing trading strategies are primarily counter-trend in nature, with some incorporating fundamental data as well. This combination of time frames and model types is designed with the intention of providing consistent returns during any market environment.
Carbide Capital Inc is a discretionary Commodity Trading Advisor (CTA). Carbide Capital is led by Aaron Wallace, Chief Investment Officer who oversees investment strategy and trade implementation. Mr. Wallace has over 15 years of investment management and trading experience. Prior to establishing Carbide Capital, he was the head trader for 7 years at Universa Investments L.P., a multi-billion dollar options focused hedge fund.
Prior to Universa, Mr. Wallace worked as an equity derivatives trader at KBC Bank. He also, along with one of the founding partners, established a hedge fund seeding platform while at KBC Bank. This allowed Mr. Wallace to be exposed to all aspects of the hedge fund business, including research, trading, risk management, marketing, and operations. Mr. Wallace graduated summa cum laude with a B.A. in Business Administration from Northeastern University.
The Carbide Absolute Return Program seeks to produce non-correlated returns through a long/short options strategy focused on the S&P 500. The program generally has a bias towards short option positions due to the volatility risk premium inherent in the options market. The options market can reflect pricing inefficiencies due to behavioral biases. Options can then be used to construct trades that produce positive returns under various market scenarios. Carbide incorporates a comprehensive investment approach, using macro data, technical analysis, and volatility to make trading decisions.
The overall goal of the Seasonal Spread and Option Strategy (“SSOS”) is to achieve account appreciation through the use of an exchange futures and options investment strategy. Generally trading will be done by combining futures and options spread positions. It focuses on seasonal tendencies using both technical and fundamental analysis. Positions may be held for as little as a day or for as long as nine months depending on market conditions. The strategy may trade in any futures market in which certain seasonal tendencies and/or characteristics can be readily identified.
NickJen has created a prodigious network of deep commercial relationships with market participants that is continually growing.
Our Commodity only program is called the NRD-1. Since developing the NRD-1 program in 2008 we have implemented minor improvements, enabling us to become a premier program within the managed futures space.
NickJen uses a discretionary, fundamental based approach to trading. 70% of the portfolio strategy focuses on the Agricultural and Soft markets. The remaining balance is composed of the Energy, Meat and Metal sectors.
Trading decisions are developed through highly extensive, statistically based analysis, review of supply and demand conditions, inventory levels weather developments and forecasts and economic trends and reports. NickJen looks to capitalize on market irregularities by adapting to changing market conditions. We continue to evolve our research to identify new sources of returns to improve how to procure them. NickJen’s goal is to prioritize capital through low M/E seeking returns at a relatively low level of volatility.