Combining Talent and Capital:

Matching the Best and Brightest Traders with Investment Capital

Tactical Asset Management is always on the lookout for new, up-and-coming ‘undiscovered’ FX trader / managers. In our efforts to constantly innovate and seek-out and attract the best currency managers in the world, Tactical Asset Management is proud to offer our FX Fund Manager Incubation Program. Through this program, promising traders who believe they've identified an innovative, consistently-profitable strategy whether algorithmic, discretionary, technical or fundamental can have their programs watched and rigorously tested and reviewed by our experienced, market-savvy analysts. The select few that satisfactorily pass through our evaluation process are offered allocations from the Tactical Asset Management programs and an opportunity to join in our ambitious goals of becoming one of the world's foremost global capital managers.

5 Step Program

1. The first step in the program involves a thorough background and due-diligence check
2. In the next step, if reached, a prospective manager will trade its own capital over an extended period of time while Tactical Asset Management watches and reviews performance to assess relative strengths, weaknesses and applicable inconsistencies. Suitability of a strategy to larger-scale volume trading is also assessed.
3. Managers that pass these initial screens are then subjected to meticulous VaR (Value at Risk) assessment and trading-scenario stress-testing.
4. If successful, Tactical Asset Management then assesses relative correlations of returns to determine optimal fit.
5. Finally, if a manager's returns within strict risk-constraints are found to be accretive, without unduly adding to portfolio volatility, then he/she may be considered for an allocation from one of Tactical Asset Management's programs or affiliate programs

For clients of Tactical Asset Management, our innovative strategy serves as a testament to our commitment to finding and cultivating the world’s best managers.

To apply for the Tactical Asset Management Hedge Fund Incubation Program, click here

The Curriculum:

Know What We Look For

In order to trade professionally for Tactical Asset Management or one of its affiliates, there are certain base attributes which every trader must possess:

• An ability to identify prime entry and exit points

• Sound Risk Management practices

• Discipline and emotional detachment

• A trading style that can profit when applied with extremely large order volume, where execution costs can be higher and where execution slippage may be more common

If a Trader/Manager possesses the above attributes at a minimum, we then consider whether he/she is a “System Trader” or a  “Discretionary Trader”

System Traders

In today's marketplace, investors continue to place a premium on consistently profitable trading systems and the talented developers who can create them. In particular, we will seek systems bearing three of the most sought-after attributes:

• the ability to be entirely automated with no need for manual intervention
• the ability to successfully trade large volumes with minimal slippage
• consistent profitability over time with minimal drawdowns and volatility

Discretionary Traders

For Trader/Managers who classify their style as “Discretionary,” we will certainly look for a solid, defensible logic to trading decisions, with rules that can be strictly adhered to and a methodology that is suitable to large order volumes. Of course, we will always prefer managers whose track record demonstrates a history of consistent profitability with minimal drawdowns.

To apply for the Tactical Asset Management Hedge Fund Incubation Program, click here

FAQs

1. I'm making money already. Why should I participate in this program?

The opportunity to establish oneself as a recognized authority on trading as well as the ability to earn substantial remuneration are two of the biggest reasons why successful traders should consider taking advantage of this potentially lucrative opportunity. If you successfully pass through the Tactical Asset Management program and receive and allocation, you may well easily find yourself managing upwards of $10,000,000. The profit potential in such a scenario is enormous:

Consider the following example:

Assuming a possible management fee of 1%, you automatically earn 1% of the amount you are managing. On a $10 million account -- a conservative amount for a professional trader at a hedge fund -- that amounts to $100,000, all before placing a single trade.

Assuming an incentive fee of 20% (whereby the trader keeps 20% of the profits he/she generates), the profit potential is even greater. Traders who can earn 20% a year will earn an additional $400,000, assuming an account of $10 million ($10 million * 20% annual return * 20% incentive fee). The higher the return the trader can generate, the greater his/her individual profits. Moreover, traders with higher returns will also most likely be rewarded with larger accounts to manage, and hence stand to earn even more through management and incentive fees.

Clearly, for those that earn it, it is quite feasible for talented traders to become considerably wealthy through the Tactical Hedge Fund Incubation Program.

2. Why do I need to trade a live account with my own capital first?

Tactical Asset Management requires that you have a live account with a Tactical recommended FX brokerage so as to ensure the legitimacy of the track record submitted to us. Track records submitted from other brokerage firms/market makers may be subject to intentional manipulation on the part of the trader and/or misleading execution policies maintained by the participating broker. By submitting a trading record from an account with a recommended FX broker, we can be sure that the track record is legitimate and that the statement accurately reflects the user's ability to trade.

HOW TO APPLY

Complete the Contact Us form to be considered for the Tactical Asset Management Hedge Fund Incubation Program. Please note that traders will be required to have a minimum of six months experience with a Tactical Asset Management recommended FX brokerage account to be considered. If necessary, Tactical Asset Management can help set up FX trading accounts at the requisite brokerages.