FolioMetrix and American Independence Announce Merger

May 12, 2015 , via American Independence: 

FolioMetrix LLC will merge with American Independence Financial Services, LLC (AIF) to create a new company, RiskX Investments, LLC, offering an array of risk-intelligent investment solutions. The transaction is expected to close in September 2015. Deal terms were not disclosed.

RiskX Investments will manage, post-merger, approximately $1.1 billion in funds and separately managed accounts, comprised of the American Independence Funds (single-manager sub-advised funds and separately managed accounts) and the FolioMetrix Rx Fund Series (multi-strategy tactical mutual funds).

American Independence Funds offer exposure to select sub-advisors of equity, fixed income, international, and risked-managed portfolios. The AIF management team averages over 25 years of experience building and distributing investment solutions to the financial industry. 

"The decision to merge with FolioMetrix was an easy one to make. Its team shares our dedication to continuously seeking new ways to deliver better investment outcomes during any market conditions," said John J. Pileggi, Managing Partner of American Independence, who will become CEO of RiskX Investments. "We are eager to join forces and deliver a wide array of risk-intelligent products to the marketplace as partners in RiskX Investments."

Read the full press release on American Independence's website



Welton GDP Wins “CTA Fund of 2014” at Investors Choice America Awards


Welton Investment Partners, a leading U.S.-based quantitative investment manager, won the prestigious “CTA Fund of 2014” award for the firm’s Global Directional Portfolio (GDP) program. Welton’s selection was announced at the gala Investors Choice America Awards ceremony at the Pierre Hotel in New York on March 31, 2015.

To view the full press release on Welton's website, click here.



Manifold Partners Macro Note: Five China Issues

In December of 2014, one of our portfolio companies, Manifold Partners, welcomed two key members to their staff.  The Global Opportunity Macro Team is led by Dr. Simon Nocera, an accomplished fund manager and analyst of both developed and emerging markets with decades of experience, and supported by Marianne O, who has been researching and investing in emerging markets debt, equities, and currencies for over 20 years.  For more information on the team please visit their website.

Click here to read Marianne's most recent white paper on the current environment in China, "Five China Issues." The paper addresses major macro themes observed on her recent trip to both mainland China and Hong Kong.