Opus Prime Capital will be launching a discretionary managed futures program later this month on Schneider’s platform.
The portfolio manager, Jin Khang, was formerly a proprietary trader at Kidder Peabody, Fuji Bank and Korea Exchange Bank. In 1998 he began to concentrate on managing his own wealth as he developed the program, soon generating returns in excess of 40 percent per annum.
Commenting on the launch Jin Khang said: “The Op.1 A.A.G.F. Fund is aimed at two groups of investors,” he said. “Some investors will be attracted by the standard aggressive program whereas others may find the targeted performance of the lower volatility version more palatable.” The more conservative version has a targeted return of 25 percent per annum to the investor, with an annual targeted volatility of 15 percent.
Jin Khang added, “We aim to be constantly flexible and adaptable to making profitable trades regardless of whether the markets are trending, range bound or gyrating wildly. In this way, we will be stepping beyond the traditional ‘mechanical/black-box trend following’ system of the vast majority of futures funds, to a frame-work where the expertise of the investment manager is used to drive all trading decisions albeit with the assistance of the usual technologies and computers.”