For over two decades the Auspice team has pioneered innovative commodity solutions. Today we’re proud to share the launch of Auspice Commodity Evolution (ACE) – an ESG-aligned tactical commodity strategy that opportunistically trades commodity evolution and energy transition markets.
ACE is a next step in the evolution of Auspice – a strategy designed to provide targeted, ESG-aligned inflation protection with transparency, reliability, and capital efficiency. ACE was developed in partnership with the Concordia University Inter-Generational Fund (CUiF), a UN-PRI signatory and leader in Responsible Investing, and the Pension Plan for the Employees of Concordia University (PPECU). Built on the proven foundation of our largest strategy, Auspice Broad Commodity (ABC), ACE is the first of its kind in the energy transition category – historically dominated by illiquid private investments in real asset portfolios.
To date there has been little discussion about commodity futures within ESG frameworks - neither the Organization for Economic Cooperation and Development (OECD) nor the UN Principles for Responsible Investment (UNPRI) provides comprehensive guidance on commodity futures. We have researched this and will be sharing a comprehensive white paper “Commodity Investing in the Age of ESG and Inflation”. This month’s blog summarizes one of the white paper’s core considerations, that futures offer exposure to commodities with zero environmental impact.
There have been a number of articles written in the last year about trend following, current lack thereof, and how this affects CTA performance and future prospects. The team at Altegris and respected industry vet Matt Osborne has written a great paper that covers the state of a number of key metrics including...