Rotella Capital Management of Kirkland, Wash., has added two new funds to its CTA platform. The firm, which specializes in global futures and foreign exchange, launched a new short-term program and a higher-leverage program to complement its existing managed futures strategy, the Standard Leverage Program.
Orion, the new short-term strategy, seeks to capitalize on short-term trends with a target of 15% to 20% average annual returns and a maximum 10-day average holding period. Orion is expected to have a capacity of approximately $500 million.
The higher levered, medium-term strategy is called Sirius. That fund is targeting 25% average annual