Last Atlantis Capital Management has launched the LACM Trend Following Futures program within The Last Atlantis Master Fund.
The strategy derives from 25 years of trading experience and research by Stig Ostgaard, one of the original Richard Dennis 'Turtles', and the Alpha+Network, Last Atlantis' highly integrated systems testing and trading network.
The program seeks to capitalise on price movements in financial and commodity futures markets and is highly diversified by market sector, trading approximately 25 markets. The primary goal is to profit from major and minor price trends in those markets. The strategy incorporates a basket of systems and is designed to follow trends, adjusting position sizes based upon trend signal strength. The portfolio is evenly weighted between financials (currency, interest rate, and stock index) and commodities (foods, grains, metals, and energy markets).
'The Trend Following Futures program is a comprehensive and original amalgamation of trend following techniques in alternative systems development,' says Ostgaard, LACM's Managing Director of Trading and Research and former Chief Executive Officer of Sjo Inc, who in conjunction with LACM Managing Director of Operationsand former Vice-Chairman of Sjo Inc, Irwin Berger, will manage the program. 'Our Alpha+Network has given me immeasurable flexibility in stress-testing and applying my 25 years of research and trading experience. The result is a program designed to maximize absolute returns through systematic allocation adjustment as trends accelerate or abate.'
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