Alternative investment management firm Aspen Partners has rolled out the Aspen Managed Futures Strategy Fund. The vehicle will track Managed Futures Beta Index and aims to produce returns matching the performance of managed futures.
Aspen has entered into a strategic partnership with Nomura International which will be providing seed capital of $20 million for the fund on August 2. Standard & Poor’s Financial Services will be the calculation agent and ALPS Fund Services the fund’s administrator.
Click here for the release from Business Wire.