Alternative investment manager Anello Asset Management has launched two stand alone managed accounts, the AAM Isis FX Programme and AAM Omega Programme.
The AAM Isis FX Programme aims to provide superior returns utilising short-term trading strategies within the global currency markets. The programme, which has a potential capacity of circa USD1 Billion, is managed by Portfolio Manager Imran Khan, who was contracted to AAM in late 2010.
Khan launched the identical currency programme in Switzerland in 2004 under Covex Capital, which has an impressive 7 year track record with each year showing a positive return including 15.61% in 2010.
The AAM Omega Programme seeks to deliver absolute, risk adjusted alpha returns utilising proprietary trading strategies within an omega overlay. The programme, targeted at institutional clients, uses a systematic, global macro strategy with a multi asset base and has a predicted capacity of $300m. The programme aims to replicate the Blue Fin Capital PTY Compact Omega Programme in Australia, which has been a global success including returns of 50% in 2010.
Mark Hewlett, Partner, Anello Asset Management, says: “I’m very pleased that we are able to announce the arrival of our first two programmes. Both are in the managed account format which we believe will be the future for investment products in the UK.
“Since the market turmoil, there have been ongoing calls from investors for investment transparency, liquidity and control. Unlike traditional funds, managed accounts provide investors with a separate account and real-time access to their own money, which has proven particularly successful and popular in the US.
"We expect both our programmes to deliver consistent positive returns, as we look to engage with investors, seek out partnership opportunities and expand the business.”
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