Superfund Group

Superfund Group (formerly Quadriga) is an asset management company, specializing in quantitative alternate investment strategies. The Superfund Group was founded in 1995 by Christian Baha in Vienna, Austria and utilizes fully automated proprietary computer trading systems. It has offices in Chicago, Tokyo, Hong Kong, Amsterdam, Vienna, Warsaw, Grenada and Zürich. The company manages over US$1 billion in different alternate strategies.

This article is about a managed futures fund provider. For toxic waste cleanup, see Superfund.
Superfund logo

History

In 1996, Superfund launched its first alternative investment product, the Superfund Q-AG (Quadriga), which was one of the world's first managed futures funds.

In 2002, Superfund received admission for sale by the U.S. Securities and Exchange Commission to offer its funds in the United States. In 2003 Superfund was internationally launched as the new generation of Quadriga funds, and in 2004 Quadriga renamed itself Superfund. During the same time Superfund expanded its presence in Asia through its offices in Japan and Hong Kong and was one of the early entrants in the region. Its funds are domiciled in various jurisdictions such as Luxembourg, Cayman, U.S.A., Japan and Poland.

Between 1991 and 1996, the first computerized Superfund trading system was conceptualized and developed by Christian Baha, who is the founder of the group. Superfund strategies trade across 150 global commodity and financial futures markets. Superfund investment strategy can be classified as a managed futures or CTA strategy.

2008 was one of the best years for CTA funds which manage close to US$300 Billion as per Barclay CTA, however subsequent years have been challenging for trend following funds. Christian Baha who was ranked 22 on the world's most successful managers in 2008, since then expanded its investment management team to 55.

Superfund developed a full systematic global equity market neutral strategy which has a successful track record since 2005. The strategy has recently been approved as a UCIT IV fund and is authorised for retail distribution in Luxembourg and other European countries.

In June 2010, the firm closed six international offices and laid off staff as part of cost-saving measures.[1]

Marketing

Superfund promotes its funds by sponsoring cultural institutions like the Viennese Symphony Orchestra and the American Ballet Theatre, sports teams and personalities like World Cup overall champion alpine skier Bode Miller and some other culture sponsorings such as the Albertina. Superfund also sponsored Partizan during their 2003/2004 UEFA Champions League campaign. Superfund has been involved in auto racing, briefly sponsoring the Minardi team in Formula One and attempting to start its own formula racing series. A team owned by Austrian driver Alexander Wurz and backed by Superfund applied an entry for the 2010 Formula One season but it never happened.[2][3]

References
  1. "Superfund shuts 6 offices including S'pore". Reuters. June 14, 2010. Retrieved December 1, 2021.
  2. Strang, Simon (2009-05-31). "Wurz set to lead Superfund into F1". autosport.com. Haymarket Publications. Archived from the original on 5 June 2009. Retrieved 2009-05-31.
  3. "Wurz says Superfund has no more F1 team plans". motorsport.com. 2010-08-01.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.