Superfund Group

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

Superfund Group (formerly Quadriga) is a fund provider, specializing in managed futures, which is considered an alternative investment.

The Superfund Group was founded in 1995 by Christian Baha in Vienna, Austria and utilizes fully automated proprietary computer trading systems. Superfund has offices in locations include Chicago, Tokyo, Hong Kong, Amsterdam, Vienna, Warsaw, Grenada and Zürich. Superfund manages over 1 Billion USD in different alternate strategies.

History

In 1996, Superfund launched its first alternative investment product for private investors, the Superfund Q-AG (now closed to new investors), which was one of the world’s first retail 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's funds, and in 2004 Quadriga renamed itself Superfund.

The funds are set up in various jurisdictions such as Luxembourg, U.S.A., Japan, Poland and Grenada. In April, Baha stepped down as chief executive officer of Superfund Capital Management Inc., the arm that controlled two U.S. funds.

Between 1991 and 1996, the first computerized Superfund trading system was developed and back tested the strategy with decades of all available historical data. Among the core trading philosophies is to ignore fundamental information and focus solely on price information and market data that already reflects news and information available to the market. Currently, three completely independent trading strategies are available: A medium to long term managed futures trend following strategy with a track record since 1996 (Superfund Green), an equity market neutral strategy that began trading in 2005 (Superfund Blue) and a short-term managed-futures strategy (Superfund Red) started on March 8, 2013. [1]

The returns of Superfund's products are designed with the objective of minimal correlation to traditional investments such as stocks, bonds, commodities, and real estate. The funds continually track about 150 global commodity and financial futures markets for trends and place long or short positions if the trading system identifies a trend in either direction.

As of June 1st 2012, the management fee of the Superfund SICAV Funds was lowered to the fee level of the flagship fund, Superfund Q-AG (closed fund). The incentive fees, which are only charged when the funds achieve new all-time-highs, were also reduced significantly by 5 percentage points.

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 has lodged an entry for the 2010 Formula One season.[2]

Superfund has advertised on CNBC.[3]

In June 2010, a statement from Superfund said the company will also discontinue most of its sport sponsoring activities. In October 2010 Christian Baha founder and owner of Superfund paid 2 million dollars for a cameo in "Wall Street: Money Never Sleeps" the sequel to the 1987 original "Wall Street", thanks to a friendship with director.[4] Baha counts Academy Award-winning director Oliver Stone among the clients of his Superfund. Christian Baha played a supporting role as a hedge fund chief enjoying a small speaking role.


References

  1. ↑ http://www.superfund.com/download/Superfund_SICAV_Prospectus.pdf
  2. ↑ Strang, Simon (2009-05-31). "Wurz set to lead Superfund into F1". autosport.com (Haymarket Publications). Retrieved 2009-05-31.
  3. ↑ "Baha's Superfund Pitch Grabs Ranieri, Annoys Rivals (Update1)". Bloomberg. 2007-04-30.
  4. ↑ Template:Laurence Fletcher

http://www.reuters.com/article/idUSSGE65D07P20100614

External links

For complaints with the SEC https://denebleo.sec.gov/TCRExternal/questionaire.xhtml