Riley, Anderson unveil new fund

RA Asset Management is planning to launch its first hedge fund, the Sirius Alpha Fund, on 15 January. The Bristol-based company was founded by Jonathan Riley and Elle Anderson in March 2000.

The fund has been planned for the past six months, during which time the company was in the process of securing Imro approval. Riley said he intends it to be a hybrid of a managed futures fund and a global macro fund. It will invest in financial and commodities markets that have deep liquidity, with a med