AG Capital Management Partners, L.P.
The Discretionary Global Macro (DGM) program follows a multi-faceted trading and investing approach. AG Capital primarily trades directionally and on a relative value basis, both long and short. Their focus is on trading the major, more liquid, North American futures markets. Diversification into futures or options as alternative investments may include, but are not limited to, equity indices, interest rates, energies, metals, and agriculture markets. Trading initiated by AG Capital is centered around strategies ranging from short-term to long-term time horizons utilizing high liquidity instruments. DGM employs quantitative models and other analytical tools that are paramount to AG Capital’s trading ideology.
DGM utilizes both fundamental and technical analysis techniques. When using fundamental analysis, AG Capital considers interest rate trends, movement in the flow of funds, political changes, government policies, inter-government relations, and economic tendencies forming a framework from which trading decisions can be influenced. From a technical analysis standpoint, AG Capital studies historical market data and chart price patterns formulating a hypothesis for futures forecasting of alternative investments. These tools, used together, help in the development of sound trading decisions.
Risk Profile of Alternative Investments
AG Capital Investments strategies have been refined over the last decade. Average True Range Moving Average (ATRMA) is used to develop risk profiles and to calculate position limits for each account. Managed discretion and technical analysis dictate entry and exit points.
Asim Ghaffar is a principal and trader for AG Capital. He holds a Bachelor of Arts in Economics from Dartmouth College, graduating Summa Cum Laude and attaining an MBA from MIT Sloan School of Management. Over the past 2 decades, Asim’s background development in economics has been extensively evolving to investment consulting and related strategies, including futures trading and risk assessment. As a foreign exchange and futures trader his fifteen years of experience have proven to be invaluable.
Asim also worked as an investment consultant in Cambridge Associates, LLC’s where he advised foundations, universities, private clients, and insurance groups in the U.S. ranging in size from $100 million to $20 billion. Additionally, Asim worked as an Investment Director at John Hancock Investments, managing the firm’s absolute return liquid alternative investment products. With Asim’s considerable educational and work background he formulated the proprietary trading and risk management implemented in trading AG Capital’s managed account program.
The other part of this exceptional team is Roger Dowd. He’s a partner and an AG Capital principle. Mr. Dowd’s background has revolved around private wealth management and derivatives trading. Before combining his talents with Asim at AG Capital, Roger was founder and principal trader of Axiom Capital managing accounts trading equity index, interest rate, currency and commodity futures. Before founding Axiom Capital, Roger worked in Morgan Stanley’s Private Client Groups as well as UBS where he helped families build municipal bond portfolios designed for tax free income. At Caxton Associates his career evolved as a dollar/yen trader. Now the point person for AG Capital’s sales and marketing operations, Roger helps Asim in evaluating AG Capital’s managed account’s positions and oversees risk management analysis.
- AG Capital Management Partners, L.P. – Disclosure Document
- AG Capital Management Partners, L.P. – Brochure
- AG Capital Management Partners, L.P. – Net Monthly Performance (though 12/31/2020)
- AG Capital Management Partners, L.P. – Net Performance
- CTA Spotlight: Discretionary Global Macro Program
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- 6 Year Risk Adjusted CTA Statistics Ranked by Compound ROR
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- AG Capital Management December 2020 Year End Investor Update