Launches & Closures

Aquila adopts Kat system for new CTA strategy


Investors want commodity trading advisor strategies within the UCITS wrapper primarily because of the regulatory oversight, according to Dr Jan Auspurg from Aquila Capital.

Auspurg, fund manager for the Luxembourg-domiciled AC Spectrum Fund, which started trading on 11 May 2011, says Professor Harry Kat developed the diversified trading system that the fund uses over a number of years. Kat was director of the alternative investment research centre at Cass Business School in London.

Harry Kat from Aquila Capital developed the trading system

The UCITS CTA fund trades 41 markets in seven different sectors including foreign exchange, interest