Before joining Man, Chari was at IKOS Asset Management where he was head of the group’s futures and FX funds. Before that, he was a portfolio manager at Millennium Partners, where he ran FX strategies. Earlier in his career Chari held positions with DKR Capital and Caxton Associates.
AHL is one of the largest managed futures funds, with assets under management of $21 billion. Since inception, its diversified fund has delivered annualized returns of 15.1%.
| AHL Diversified Programme 26 March 1996 - 31 December 2011 |
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| Source: Man Group |
AHL’s diversified fund invests in fixed income, currencies, equities, energy, metals and commodities, with the currency portfolio making up close to 20% of the fund.
AHL trades G10 currencies and several emerging market currencies including the Polish zloty, Hungarian forint, Czech koruna and South African rand.
The fund operates a research-focused strategy aimed at identifying trends and locating inefficiencies through statistical analysis of market behaviour to form systematic trading models.
Trading strategies are implemented using mainly exchange-traded futures and liquid OTC instruments including currency forwards, swaps and other financial derivatives. Around 80% of trades are executed using automated trading algorithms.
AHL has a team of 97 researchers – one of the largest in the managed futures industry – and a further 45 trading and operations professionals. It has offices in London, Oxford and Hong Kong.