New York-based hedge fund company Signal Capital Management is prepping the launch of VX Alpha, a new long/short strategy that focuses on systematic volatility management.
The initial launch of the product is based around a Separately Managed Account platform, although Signal plans to introduce a fund structure as well, after at least a year of audited performance. Signal expects to begin trading with the new product by the second quarter of 2016, with at least USD20 million under management from a small number of high net worth investors.
VX Alpha is based in New York and will be managed by portfolio manager Chris McKhann, according to the company. McKhann designed the VX Alpha strategy, and has run it for over three years in successful live trading, further refining it during that time. To date the strategy has enjoyed above-average returns, and employs a robust and proven risk management strategy.
Signal says that the new strategy is aimed at meeting demand for volatility-themed investments, and will systematically engage in global derivatives, equities and volatility indexes.
