Andrew Wert Joins Context Asset Management To Accelerate Development Of Single-Manager Alternative Mutual Funds

BALA CYNWYD, Pa., Sept. 25, 2014 /PRNewswire/ -- Context Asset Management announces that Andrew Wert has joined the firm as Managing Director and Senior Portfolio Manager for Single-Manager Funds. In his new role, Mr. Wert is responsible for the investment management of Context's single-manager products, including portfolio structure and design, subadviser selection, due diligence and risk management.

Mr. Wert's appointment is an important component of Context's plan to add both single- and multi-manager alternative mutual funds to its product lineup. The firm launched its inaugural product, the multi-manager and multi-strategy Context Alternative Strategies Fund (CALTX), earlier this year.

"Andrew has nearly two decades of experience leading asset allocation, risk management and proprietary trading for financial institutions and endowments, which uniquely positions him to help us expand our product offerings," said John Culbertson, Managing Director and Chief Investment Officer of Context. "Retail and institutional investors continue to express a desire for access to more alternative mutual funds, including single-strategy investment vehicles. Andrew's expertise regarding these strategies will enable us to create a broad array of well-managed alternative mutual fund products for advisors and their clients."  

Mr. Wert reports to Mr. Culbertson and serves on Context's investment committee. Prior to joining Context, he founded investment advisor Cohesion Capital LLC and spent five years as Managing Director of Absolute Return Investments at the Brown University Investment Office in Providence, RI. While at Brown, Mr. Wert was responsible for the university endowment's hedge fund, fixed income and commodity investments, and designed and oversaw the systems and infrastructure for risk management and reporting. Mr. Wert also worked for ten years at BNP Paribas, where he was a senior proprietary trader and later Head of Active Portfolio Strategies for North America, managing an equity derivatives group business line.

"Alternative mutual funds can be an important tool for investors seeking to diversify their portfolios and reduce volatility by allocating to non-correlated investments," said Mr. Wert. "I look forward to working with my new colleagues to build a robust portfolio of single-manager funds that encompass a wide array of strategies and that appeal to a broad spectrum of investors."

About Context Asset Management
Context Asset Management is an innovative provider of alternative mutual funds for retail and institutional clients. Our multi-manager and single-manager alternative mutual funds combine the historically lower correlation of hedge fund strategies with the transparency and liquidity of traditional mutual funds. Context's alternative mutual funds may play an important role in helping investors focus on the financial future they desire. To learn more, please visit www.contextam.com.

Media Contact:
Jami Schlicher
973-850-7309
[email protected]

Important information:
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 1-855-612-2257. Please read the prospectus carefully before you invest.

An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Other risks are detailed in the prospectus and include, but are not limited to, the following: non-diversified risk, foreign and emerging market risk, small and medium cap investment risk, short selling risk, technology investment risk, and exchange-traded funds (ETFs) investment risk. Investments in futures contracts involve additional costs, may be more volatile than other investments and may involve a small initial investment relative to the risk assumed. The Fund may use derivatives (including futures, options and swap agreements) to enhance returns or hedge against market declines. Utilizing private placements involves significant risks along with the opportunity for substantial losses and lack of liquidity. Newly organized Funds have minimal trading history, and there can be no assurance that active trading markets will be developed or maintained. Foreside Fund Services, LLC, distributor

Logo - http://photos.prnewswire.com/prnh/20140627/130420

SOURCE Context Asset Management