New York-based managed fund manager RBD Adaptive has launched its first CTA portfolio, HFMWeek reports. The offering, Annapolis, has been rolled out with proprietary capital and have exposure both on the long and short side, split 70/30.

The fund is a short-term systematic trading strategy that is based around the S&P 500 futures market-index. The manager is actively planning to list the portfolio on a managed account platform.

Click here for the story from HFMWeek.