London-based stockbroker launches asset management arm

London-based stockbroker JNF Capital is launching an asset management arm, Atlas JNF Asset Management, offering hedge-fund style strategies to retail investors.

The new asset management business is rolling out two products initially, offering investors two strategies for retail investors and other clients. Launched in conjunction with Wallwood Consultants, the two funds - Wallwood Atlas JNF Active Futures strategy and Wallwood Atlas JNF Global Multi Asset strategy - will have minimum investment levels of £20,000. The Wallwood Atlas JNF Active Futures strategy, which will be managed by JNF's Robert Tratt, will use intra-day trading and short term trades over days and weeks to generate returns. However, it is only seeking to raise £5m for th...