Hedge Funds

Systematic group SMN set to spread its wings


Despite a poor year for CTAs in 2009, the long-established operation is looking to expand its investor base beyond its home market in Austria on the strength of its long-term track record

The year 2009 may not have been a vintage one for CTAs, but there is still no shortage of systematic trend-following firms in Europe with strong-looking long-term track records.

Alexander Svoboda and Michael Neubauer

One which only came on to the radar screen recently for EuroHedge readers is SMN Diversified, which has been trading since way back in 1996 and