BOSTON, Jan. 10, 2013 /PRNewswire/ -- FFCM, LLC ("FFCM"), the investment advisor to the QuantShares family of alternative ETFs, announced today that it has hired Berkshire Capital Securities, LLC ("Berkshire Capital"), a New York based investment bank focused on M&A in the asset management and securities industries, to find FFCM a strategic partner to help with the distribution and marketing of its growing family of ETFs. FFCM CEO, Bill DeRoche, commented, "We have hired Berkshire Capital to help us find a strategic partner that has strong distribution and marketing capabilities that will complement our investment and product management expertise. We also are pleased to announce the raising of an additional round of financing that will allow us to continue the expansion of our family of liquid alternative ETFs. The liquid alternative market and ETF use in general are expected to be two of the highest growth areas of financial services in the coming years according to firms such as McKinsey & Company and Cerulli and we believe that we are one of the best positioned firms to take advantage of both of these trends."
QuantShares currently has a family of four liquid alternative ETFs designed to provide investors with inexpensive absolute returns or to hedge equity exposure. The funds are all market and sector neutral designed to provide low or negative correlation to the equity market. These funds include:
QuantShares U.S. Market Neutral Momentum Fund, Ticker: (MOM)QuantShares U.S. Market Neutral Value Fund, Ticker: (CHEP)QuantShares U.S. Market Neutral Size Fund, Ticker: (SIZ)
QuantShares U.S. Market Neutral Anti-Beta Fund, Ticker: (BTAL)
In addition, in response to investor demand, FFCM has filed a registration statement with the SEC to launch six additional funds. Two of the funds are absolute return strategies while four are long only funds that invest in the long side of our market neutral funds. These funds include: