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09 March 2016
Aspect Capital (Aspect) confirms that it has acquired Auriel Capital Management (Auriel) and hired the team behind it. Asif Noor and Anoosh Lachin who founded Auriel in 2004, joined Aspect in February 2016 to develop systematic global macro and currency strategies.
Aspect has been looking for research expertise in diversifying investment strategy capabilities from a variety of external sources. The scalability of the firm’s strong and flexible operational infrastructure has allowed them to undertake this strategic initiative. As part of this, Aspect has identified a small number of experienced systematic managers with valuable investment expertise in strategies which are complementary to its flagship managed futures programme, Aspect Diversified.
In addition to Mr Noor and Dr Lachin, two teams have joined Aspect since 2014 as part of a highly selective recruitment strategy:
Constantin Filitti and Antonio Botelho, previously at Capula Investment Management, joined in July 2014 to run a systematic multi-strategy futures programme, the Aspect Tactical Opportunities Programme.
Franck Lauri joined Aspect at the end of 2015 from Otea Capital. He has more than a decade of experience in developing successful systematic equity market neutral strategies.
Anthony Todd, CEO of Aspect says: “Medium-term trend following will remain our core focus as it has been since our inception 18 years ago. 2015 was a successful year for Aspect Diversified and while our core research efforts remain focussed on continuing to enhance this programme, we are always interested in opportunities to bring in exceptional managers and high calibre strategies for the benefit of our investors.”
Anthony Todd continues: “All these strategies are complementary to the Aspect Diversified programme and are able take advantage of the major investment that has gone into building our proprietary technology and infrastructure. We are pleased to have found in these teams exceptional levels of investment expertise and cultural fit, both of which are crucial in any decision to expand our team and develop our products.”
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Aspect Capital is authorised and regulated in the United Kingdom by the Financial Conduct Authority (FCA). In the United States, Aspect Capital is registered as a Commodity Trading Advisor (CTA) and a Commodity Pool Operator (CPO) with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) and as an Investment Adviser with the Securities and Exchange Commission (SEC).
2.2 The information displayed on the Website may be subject to verification or amendment and has been supplied for information purposes only. No representation or warranty is made, whether expressly or implied, by Aspect Capital, its Directors or employees, as to the accuracy or completeness of the information provided. An Aspect investment programme investor may lose all or substantially all of its investment.
2.3 To the extent that the term/s systematic and/or automatic is/are used in this Website to describe Aspect Capital's investment strategy and/or a number of related processes, it should be noted that human discretion is necessarily involved in the development of Aspect Capital's operations (including the Aspect Diversified Programme and other programmes offered by Aspect Capital Limited from time to time) and in certain circumstances Aspect Capital may deviate from its automatic systems, for example as a result of external, unforeseen or dramatic events.
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- Aspect Products are speculative and involve a substantial degree of risk.
- An Aspect Product's performance may be volatile.
- Redemptions may be made only if an investor provides prior written notice of its desire to redeem in advance of the intended redemption date.
- There is no secondary market for the shares/interests in Aspect Products and none is expected to develop.
- There are restrictions on transferring shares/interests in Aspect Products that are in the form of an investment fund.
- Aspect Products' fees and expenses are significant. Trading profits must be greater than such fees and expenses to avoid loss of capital.
- Aspect Products are not required to provide periodic pricing or valuation information to investors with respect to the Aspect Product's individual investments.
- Aspect Products are not mutual funds and are not subject to regulation under the US Investment Company Act 1940, as amended
- Orders executed for Aspect Products will take place on non-U.S. and U.S markets.
- Aspect Products may be subject to conflicts of interest.
- Please pay particular attention to the risk factors and conflicts of interests sections of each Aspect Product's offering documents.
2.7 Aspect Capital Limited is exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 (Cth). Aspect Capital Limited is authorised and regulated under the laws of the United Kingdom which differ from Australian laws. Aspect Capital Limited is not registered with any securities regulatory authority in Canada.
2.8 Certain Aspect Products are distributed in Switzerland. Hugo Fund Services SA, with registered office at 6 Cours de Rive, 1204 Geneva (www.hugofunds.ch), is the representative of such Aspect Products (the "Representative""). The paying agent in Switzerland is Swissquote Bank Limited. The distribution of shares in Aspect Products in Switzerland must exclusively be made to qualified investors. The place of performance and jurisdiction for shares in those Aspect Products distributed in Switzerland are at the registered office of the Representative.
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Aspect Capital Limited, UK registered company no. 3491169.
10 Portman Square, London W1H 6AZ. © Aspect Capital Limited 2016. All rights reserved.