Relative Technologies is marketing its CTA fund to offshore investors with the goal of scaling it to $100 million this year. It is the group’s first externally marketed fund.
The fund, which was founded by ex-Tricom Futures traders in 2008, has 15 onshore Australian investors at the moment and is looking to launch a Cayman-registered vehicle that will allow it to market to offshore investors.
Hugh McGuire, the fund’s chief investment officer, says the six-man team for the fund is focused on maintaining a diversified and well-balanced portfolio and has delivered a 4.2% return year-to-date.
In the six-month