Hedge Funds

Horizon eyes CTAs for European cash management expansion


Chicago-based Horizon Cash Management is seeking to expand its European business, reflecting the growing recognition among managers and investors of the importance of the cash process within investment portfolios and the value of independent, third-party cash management services.

“A key driver of our European plans is the increasing success and popularity of CTAs or managed futures managers,” said Pauline Modjeski, Horizon’s CEO. “Horizon has a particular expertise in this area, arising from the fact that managed futures regularly require the holding of a higher proportion of cash than other alternative investment strategies.”

She added: “We have upwards of