International Asset Management, which has $3.3 billion in assets under management, plans to launch the IAM Trading Fund to capture opportunities in the commodity trading adviser market. The launch is the conclusion of more than 12 months of research into how to invest into the CTA space.
The IAM Trading Fund will be a dynamically managed portfolio of hedge funds, initially allocating to between 10 and 15 holdings. It is expected to launch with more than $100 million in assets. The IAM Trading Fund will only invest in CTA funds that IAM has approved.
Morten Spenner, chief executive officer