TAKAHĒ GLOBAL MARKETS FUND
Approach
The Global Markets Fund (GMF) is a systematic trend following fund trading a cohesive ensemble of robust strategies across a very diverse set of markets, methods, and time horizons.
GMF belongs to a market segment with few remaining competitors but immense potential: “higher octane” quantitative investment funds. Over the past decades, most hedge funds — including trend following programs — have lowered their volatility targets in pursuit of smoother returns, creating a crowded “red sea” of asset gatherers focused on Sharpe ratio maximization.
We’d like to differ. GMF seeks to generate high compound returns by keeping losses small and letting winning trades run on, accepting the volatility that is the consequential result of an approach that aims to participate in large “home run” price moves.
In addition its higher-than-average volatility, GMF is distinguished by Takahe’s differentiated trend following approach and a capacity-constrained market universe encompassing smaller markets, spreads, and longer-dated contracts. This combination enables GMF to generate a return stream that is de-correlated from peers and industry benchmarks.
GMF charges no management fee. Instead, compensation is driven by performance in excess of a cash hurdle rate, maximizing the alignment with our investors. Finally, to preserve diversification and maintain full trade-sizing capability across our market universe, assets under management are capped at about €500 million.
Key Features
- A capital efficient, higher volatility trend following fund which aims to generate outsized returns
- Designed to capture price trends across a broad set of markets which includes smaller commodity markets and longer-dated contracts
- Zero management fees. We’ll only earn a fee if we make money for our investors, creating the best-possible alignment. Returns needs to exceed a cash-based hurdle rate
- AUM are capped at about €500 million to protect investors
- Uncorrelated to other hedge funds and traditional asset classes
- Trading an ensemble of independent systems, methods, and trading speeds, long and short, each with a clear rules-based design and purpose
- Hunting outlier price moves in both tails of the return distribution
- A unique return stream created by implementing asymmetric trades which risk a little to potentially win a lot
- Consistent and robust investment process which avoids unnecessary complexities
How to Invest
Eligible clients may invest in the Cayman Islands-domiciled Takahe Global Markets Fund, or the US-domiciled Takahe Global Markets Fund, LP. Both are feeder funds to the Takahe Global Markets Master Fund (Cayman Islands). If you are interested, please contact us.
Performance & Investor Documents
Please visit our Investor Area for further information.
Risk Notice
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Nothing on this website should be construed as an offer, or as a solicitation of an offer, to buy or sell any investments, securities, funds or other financial instruments in any jurisdiction.
The investment strategies or funds referred to on this website are offered solely on the basis of the representations expressly set forth in the relevant legal offering documents, and no other information or representations may be relied upon. They are exclusively available to professional clients and eligible counterparties as defined by the Markets in Financial Instruments Directive (MiFID) and Qualified Eligible Persons as per Section 4.7 of the US Commodity Exchange Act.
Any performance information is not a measure of return to a single investor, is not necessarily based on audited financial statements, and is dated. The performance may have decreased since this website was last updated.
Please note that the investment strategies or funds referred to on this website involve a substantial degree of risk. Their performance may be very volatile, which can lead to a partial or total loss of the invested capital. No assurance can be given that a client will realize a profit on its investment or that it will not incur losses.