Commodities Trading Advisor (CTA's) Man AHL or Winton Futures?
According to the Mail online, David Harding the boss of Winton Capital made GBP60m in 2011, making him the highest paid earner in the city of London.
Looking at the impeccable track record of Winton's flagship 'futures' fund there is little doubt he brings above average returns to his investors (316% over 10 years). The fund has a whopping 22bn under management making Winton the largest CTA manager on the planet!
Source: Financial Express
Why then in the face of such a pedigree do most offshore financial advisors still promote Man Investments? There are two key reasons.
Higher minimum entry level. You can access the Man Investments AHL program for 30,000 USD/Euro/GBP whereby Winton Futures is GBP70k or currency equivalent.
Commission. Winton do not pay commission - Man does.
Ordinarily speaking to buy Winton directly the minimum subscription is USD1m however, If you were to use a Personal Portfolio Bond (PPB) it is possible to buy on aggregate for the above mentioned amount, or significantly less using one of the many feeder funds.
Please click here to see the most recent factsheet for the program. Source: Questor Capital.