Superfund Group

Last updated
Superfund Group
FormerlyQuadriga
TypeCompany group
Industry Asset management
FoundedOctober 18, 1994;28 years ago (1994-10-18) in Vienna, Austria
FounderChristian Baha
Headquarters
Vienna
,
Austria
Areas served
Austria, U.S.A., Germany, Hong Kong, Japan, Poland, Switzerland
Key people
Sonja Sarközi, CEO
Services managed futures, CTA
Website www.superfund.com

Superfund Group (formerly Quadriga) is an asset management company, specializing in alternate quantitative investment strategies. The Superfund Group was founded in 1994 by Christian Baha in Vienna, Austria [1] and utilizes fully automated proprietary computer trading systems. It has offices in Chicago, Tokyo, Hong Kong, Amsterdam, Vienna, Warsaw, Grenada, and Zürich. The company manages over US$1 billion in different alternate strategies.

Contents

History

In 1996, Superfund launched its first alternative investment product, the Superfund Q-AG. [2]

In 2002, Superfund received admission for sale by the U.S. Securities and Exchange Commission to offer its funds in the United States. [3] In 2003 Superfund was internationally launched as the new generation of Quadriga funds, and in 2004 Quadriga renamed itself Superfund. During the same time Superfund expanded its presence in Asia through its offices in Japan and Hong Kong and was one of the early entrants in the region. Its funds are domiciled in various jurisdictions such as Luxembourg, Cayman, U.S.A., Japan and Poland.

Between 1991 and 1996, the first computerized Superfund trading system was conceptualized and developed by Christian Baha, who is the founder of the group. [ citation needed ] Superfund strategies trade across 150 global commodity and financial futures markets. [ citation needed ]

2008 was one of the best years for CTA funds which manage close to US$300 Billion as per Barclay CTA, however subsequent years have been challenging for trend following funds. Christian Baha was ranked 22 on the world's most successful managers in 2008, but his funds were hit particularly hard in the following years. [4] More recently he expanded the investment management team to 55.[ citation needed ]

Superfund developed a full systematic global equity market neutral strategy which has recently[ when? ] been used in an approved UCITS IV fund authorised for retail distribution in Luxembourg and other European countries.[ citation needed ]

In June 2010, the firm closed six international offices and laid off staff as part of cost-saving measures. [5]

In March 2022, Austrian Ex-Finance Minister Gernot Blümel became the CEO of the Superfund Group. [6]

Marketing

Superfund promotes its funds by sponsoring cultural institutions like the Viennese Symphony Orchestra and the American Ballet Theatre, sports teams and personalities like World Cup overall champion alpine skier Bode Miller and some other culture sponsorings such as the Albertina.[ citation needed ] Superfund also sponsored Partizan during their 2003/2004 UEFA Champions League campaign. [ citation needed ] Superfund has been involved in auto racing, briefly sponsoring the Minardi team in Formula One and attempting to start its own formula racing series. [ citation needed ] A team owned by Austrian driver Alexander Wurz and backed by Superfund applied an entry for the 2010 Formula One season but it never happened. [7] [8]

Related Research Articles

<span class="mw-page-title-main">Williams Grand Prix Engineering</span> British Formula One motor racing team and constructor

<span class="mw-page-title-main">Benetton Formula</span> Former motor racing team

Benetton Formula Ltd., commonly referred to simply as Benetton, was a Formula One constructor that participated from 1986 to 2001. The team was owned by the Benetton family who run a worldwide chain of clothing stores of the same name. In 2000, the team was purchased by Renault, but competed as Benetton for the 2000 and 2001 seasons. In 2002, the team became Renault. The Benetton Formula team was chaired by Alessandro Benetton from 1988 to 1998.

<span class="mw-page-title-main">Alexander Wurz</span> Austrian racing driver (born 1974)

Alexander Georg Wurz is an Austrian former professional racing driver, driver training expert and businessman. He competed in Formula One from 1997 until 2007, and is also a two-time winner of the Le Mans 24 Hours.

<span class="mw-page-title-main">Dietrich Mateschitz</span> Austrian businessman (1944–2022)

Dietrich Markwart Eberhart Mateschitz was an Austrian billionaire businessman. He was the co-founder and 49% owner of Red Bull GmbH. In April 2022, Mateschitz's net worth was estimated at US$27.4 billion.

<span class="mw-page-title-main">Deutsche Börse</span> Financial services company of Germany

50.115°N 8.678°E

The Grand Prix Drivers' Association (GPDA) is the trade union of Formula One drivers.

The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights.

<span class="mw-page-title-main">Mediobanca</span>

Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli and Enrico Cuccia to facilitate the post-World War II reconstruction of Italian industry. Cuccia led Mediobanca from 1946 to 1982. Today, it is an international banking group with offices in Milan, Frankfurt, London, Madrid, Luxembourg, New York and Paris.

<span class="mw-page-title-main">Man Group</span> British alternative investment management business

Man Group plc is an active investment management business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world's largest publicly traded hedge fund company, reporting $151.4 billion in funds under management as of March 2022. The firm is headquartered at Riverbank House in London and employs over 1,400 people in various locations worldwide. The company was a sponsor of the Man Booker Prize from 2002 to 2019.

<span class="mw-page-title-main">CVC Capital Partners</span> Luxembourg-based private equity and investment advisory firm

CVC Capital Partners is a Luxembourg-based private equity and investment advisory firm with approximately US$155 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European and Asian private equity, secondaries and credit funds. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 650 employees working across its network of 25 offices throughout EMEA, Asia and the Americas.

<span class="mw-page-title-main">Swiss Life</span> Life insurance company based in Zurich, Switzerland

The Swiss Life Group is the largest life insurance company of Switzerland and one of Europe’s leading comprehensive life and pensions and financial services providers, with approximately CHF 276.3 bn of assets under management. Founded in 1857 in Zurich as the Schweizerische Lebensversicherungs und Rentenanstalt cooperative, the company entered the Swiss stock market in 1997 and adopted its current name in 2002. In 2022 the group declared an adjusted profit from operations of CHF 2.06 billion, a 17% decrease compared to the previous year. Net profit increased by 16% to CHF 1.46 billion. Swiss Life is one of the twenty companies listed under the Swiss Market Index, as SLHN.

<span class="mw-page-title-main">Benetton B200</span> Formula One racing car

The Benetton B200 was the car with which the Benetton Formula One team competed in the 2000 Formula One season. It was driven by Giancarlo Fisichella and Alexander Wurz, both in their third season with the team. Hidetoshi Mitsusada was appointed the teams test driver, before being dropped in May.

<span class="mw-page-title-main">Jaguar R4</span> Formula One racing car

The Jaguar R4 is a Formula One car with which Jaguar Racing competed in the 2003 Formula One season. It was driven by Mark Webber, Antônio Pizzonia and Justin Wilson.

Marcel Boekhoorn is a Dutch entrepreneur, investor, philanthropist and owner of investment company Ramphastos Investments. Boekhoorn has a wide array of business interests in the Netherlands and beyond. With an estimated net worth of €1.9 billion, Boekhoorn is one of the wealthiest individuals in the Netherlands.

<span class="mw-page-title-main">Toto Wolff</span> Austrian racing driver and F1 team principal

Torger Christian "Toto" Wolff is an Austrian billionaire motorsport executive, investor and former racing driver. He holds a 33% stake in the Mercedes-AMG Petronas F1 Team and is Team Principal and CEO of the team.

<span class="mw-page-title-main">Amundi</span> French asset management firm

Amundi is a French asset management company. With €2 trillion of assets under management (AUM) at the end of 2021, it is the largest asset manager in Europe and one of the 10 biggest investment managers in the world.

<span class="mw-page-title-main">Adam Parr</span> British businessman

Adam Parr is a British businessman known for his work in various fields including Formula 1 and investment to NGOs. He is the former CEO and chairman of Williams Grand Prix Holdings PLC, from November 2006 until 30 March 2012. Parr began his career working for BZW and moved to Rio Tinto before studying and practising public law. He later returned to Rio Tinto as assistant to the Chief Executive and chairman before being appointed CEO of Williams F1 in 2006.

<span class="mw-page-title-main">Winton Group</span>

Winton Group, Ltd is a British investment management firm founded by David Harding. In the United States, Winton is registered with the Securities and Exchange Commission as an investment advisor and with the Commodity Futures Trading Commission as a CTA, and is authorised by the Financial Conduct Authority in the UK. The company trades on more than 100 global futures markets in a wide variety of asset classes and on global equity markets. The firm was launched with $1.6 million in 1997, reached a peak of $28.5 billion in assets under advisement, before dropping to $7.3 billion by late 2020. Winton Group has six offices around the world: London, New York, Hong Kong, Shanghai, Sydney, and Abu Dhabi.

<span class="mw-page-title-main">Formula One drivers from Austria</span> List of Formula One drivers who competed as Austrian

There have been sixteen Formula One drivers from Austria including two winners of the World Drivers' Championship. Three Austrian drivers were killed while competing in the sport; only the United Kingdom has lost more racers' lives in the sport. Several others were seriously injured in competition, with some having career ending accidents.

Signa Holding GmbH is Austria’s largest privately owned real estate company. Signa was founded in 2000 by the Tyrolean entrepreneur René Benko. Over the years, it has become a pan-European real estate group with more than 150 employees and offices in Vienna, Innsbruck, Munich, Düsseldorf, Luxembourg, Zurich, Bolzano, Berlin and Hamburg. The principal focus of the group is long-term investment in real estate in prime city centre locations. The firm has also became the biggest owner of malls in Central Europe with over 46.000 employees.

References

  1. "Excerpt from the Business Register with historical data" (PDF). Dec 14, 2022. Archived from the original on December 14, 2022.
  2. "Superfund Q-AG". Nov 2007.
  3. "Registration Statement under the Securities Act of 1933" (PDF). May 16, 2002. Archived from the original (PDF) on March 13, 2017.
  4. "Christian Baha–Ein Star stürzt ab" [Christian Baha–A star crashes] (in German). Archived from the original on August 22, 2022.
  5. "Superfund shuts 6 offices including S'pore". Reuters . June 14, 2010. Retrieved December 1, 2021.
  6. "Blümel wird CEO von Hedgefonds Superfund" [Blümel becomes CEO of hedge fund Superfund] (in German). ORF. Jan 12, 2022. Archived from the original on January 13, 2022.
  7. Strang, Simon (2009-05-31). "Wurz set to lead Superfund into F1". autosport.com. Haymarket Publications. Archived from the original on 5 June 2009. Retrieved 2009-05-31.
  8. "Wurz says Superfund has no more F1 team plans". motorsport.com. 2010-08-01.