Cowen Group, Inc has launched the Ramius Trading Strategies Managed Futures Fund providing investors with access to a portfolio of institutional-caliber managed futures managers in a daily liquidity format utilising Ramius’ proprietary managed account infrastructure, which allows for position level transparency and enhanced risk analytics.
The fund commenced operations on 13 September, 2011, and has approximately USD230 million in assets under management. It is managed by William Marr, President and CEO of Ramius Trading Strategies LLC ("RTS"), and Alexander Rudin, PhD, Director of Investment Research of RTS.
Thomas W Strauss (pictured), President and CEO of Ramius LLC, says: "With Ramius’ second mutual fund offering, we are maintaining our commitment to provide new and diverse liquid alternative products. These products are designed with the intent of meeting the changing needs of all investors, particularly financial advisors and their clients, many of whom have had limited access to institutional-caliber products in the alternative investment space. The Ramius Trading Strategies Managed Futures Fund offers investors liquid access to a portfolio of experienced managed futures managers that have been selected through a rigorous due diligence process and trade within a robust managed account structure."
Marr says: "Institutional investors have been increasing their allocations to managers with expertise within the managed futures world because they have historically provided a good source of diversification. We are pleased to now offer this strategy to mass affluent clients seeking to complement their traditional portfolios with an alternatives product offering low minimums, daily liquidity, and 1099 tax reporting."
