Ramius,state street in managed futures mutual fund deal




Customer reviews
Plamya
Pills boosting sexual activity are bought not only by men suffering from impotence. Why is it so?
YorGOS
Pay attention to the longevity & quality of your erection! Even if you don’t have problems with sex!
Lerik5
Talk with your partner before you finally choose the treatment for your erectile dysfunction.

Ramius,state street in managed futures mutual fund dealRamius, State Street In Managed Futures Mutual Fund Deal

Jul 30 2014 | 8:17am ET

Ramius Capital has asked investors to let it turn over management of an alternative mutual fund to State Street Global Advisors.

The hedge-fund arm of Cowen Group said it hoped to hire SSgA as the sub-advisor to its Ramius Trading Strategies Managed Futures Fund. Under the plan, SSgA would then hire the open-end mutual fund’s management team to continue running the fund, while Ramius would continue to provide back-office, operational due-diligence and marketing services to the fund.

Shareholders will vote on the plan, which has already been approved by the fund’s board, in September. Pending approval, the fund will be renamed State Street/Ramius Managed Futures Strategy Fund.

“We are excited to collaborate with State Street,” Ramius CEO Michael Singer said. “The proposed sub-advisory agreement will keep in place the fund’s portfolio management team while also providing additional resources to expand its signature investment capabilities.”

E-mail This

Print This

Order Reprints

Twitter

LinkedIn

Facebook.