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361 Capital soft closes 361 Managed Futures Strategy Fund

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361 Capital, a boutique asset manager offering institutional-quality alternative mutual funds, has held the soft close of the 361 Capital Managed Futures Strategy Fund.

The fund, which employs a distinct counter-trend approach in the pursuit of attractive risk-adjusted returns that exhibit low correlations to traditional stock and bond investments, will be closed to new investors beginning 30 September, 2015.
 
"Since our founding in 2001, we've endeavoured to be excellent stewards of our clients' capital," says Tom Florence (pictured), President and Chief Executive Officer of 361 Capital. "With that in mind, we've put forth great effort into measuring the capacity of our strategies, in order to ensure that asset growth doesn't degrade return potential."
 
With AUM just over USD1 billion as of 8 September, the fund will be closing to new investors but will still allow additional capacity for current investors. The executives and investment team at 361 Capital understand that when firms lose sight of performance objectives and chase assets under management, investors ultimately pay the price.
 
"We are grateful to our clients and investors who have helped us achieve this accomplishment and thankful for their investment in our philosophy, people and strategy," says Florence.

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