CHICAGO, Dec. 20, 2016 /PRNewswire/ -- The Gemini Companies announce that Gemini Alternative Funds, LLC (Gemini Alt, http://www.geminialt.com) has added the Aspect Core Diversified Programme, a managed futures strategy from Aspect Capital Limited, to the suite of offerings available on the Galaxy Plus Fund managed account platform.
Registered investment advisors (RIAs) as well as pensions, endowments, private wealth groups and other institutional investors in the U.S. can now seamlessly invest in the Aspect Core Diversified Programme from London-based Aspect Capital through Galaxy Plus.
"We created Galaxy Plus to provide alternative asset investors with an independent, cost-effective solution that offers the flexibility, transparency and liquidity that they experience when investing in mutual funds," said David Young, President of Gemini Alternative Funds. "The steady addition of strategies Commodity Trading Advisors (CTAs) like Aspect Capital validates the strength of the solution we have built. We look forward to our continued growth and diversifying the Galaxy Plus platform."
Aspect Capital (http://www.aspectcapital.com) was founded in 1997, and manages $6 billion allocated among a range of systematic and quantitative investment strategies as of December 1, 2016. The firm's team seeks to produce strong, diversifying streams of alpha for client portfolios.
The Aspect Core Diversified Program applies a proprietary and systematic quantitative investment approach, which seeks to identify and exploit directional moves in over 110 contracts and over 85 markets. This objective is achieved through the use of medium-term trend following strategies which are applied to many of the most liquid global financial and commodity futures and currency forwards. The systematic strategy's goal is to generate pure momentum-based returns, with targeted annualized volatility of 10%, which are uncorrelated to major asset classes.
"We are delighted that the Aspect Core Diversified Program has been added to the Galaxy Plus Fund platform. Gemini Alt's long-term expertise in managed futures makes them an excellent partner for Aspect Capital. We are confident that this partnership will enable us to serve the growing demand for alternative investment in the US by giving easy access to a high quality product to RIAs and Institutional Investors without sacrificing control and transparency," said Anthony Todd, CEO of Aspect Capital.
About The Gemini Companies
The Gemini Companies provide investment companies with a single point of access to multiple solutions for pooled investment products. The individual service firms within The Gemini Companies were built on innovation, client partnerships and service, and their teams possess expertise in fund administration, accounting, technology, compliance and reporting.
Gemini Fund Services, LLC helps bring mutual funds to market, providing comprehensive administration, accounting, distribution and transfer agent services. Gemini Hedge Fund Services, LLC provides middle- and back-office administration, real-time portfolio valuations, comprehensive financial reporting and a full spectrum of investor services to help hedge fund managers meet the requirements of investors and regulatory bodies. Gemini Alternative Funds, LLC offers a managed account platform for fund managers to access multiple distribution channels and operational efficiencies, and allows qualified eligible purchasers and accredited investors to select from a variety of alternative investment strategies through a single account.
The Gemini Companies are subsidiaries of NorthStar Financial Services Group, LLC, which has more than 750 employees and over $455 billion in assets under management and administration, and TA Associates, a leading global growth private equity firm. For more information, please call (855) 891-0092 or visit www.thegeminicompanies.com.
About Aspect Capital Limited
Aspect Capital is a UK-based systematic investment manager with offices in London, Stamford (CT) and Hong Kong.
Aspect Capital applies a systematic and quantitative approach to investment management, with the aim of generating high-quality and diversifying alpha for its clients' portfolios.
Aspect Capital was established in 1997 by Anthony Todd, Martin Lueck, Michael Adam and Eugene Lambert and is currently managed by a senior team which has extensive experience in the development and implementation of systematic investment strategies. Two of Aspect Capital's founders, Michael Adam and Martin Lueck, were involved in the successful development of Adam, Harding & Lueck Limited (AHL, now a part of Man Group plc), one of the pioneers in the application of quantitative techniques to investment management.
Aspect Capital employs a team of over 120 professionals and invests heavily in the on-going research-driven evolution of its quantitative alpha-generating systems and their efficient implementation across a wide range of liquid asset classes. The company emphasizes strong corporate governance and the provision of first class investor service to a client base which includes many of the world's leading institutional investors.
Important Disclaimer: Alternative investment products, including managed futures and hedge funds, involve substantial risk of loss and are not suitable for all investors. Past results are not indicative of future results.
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SOURCE The Gemini Companies