Ahead Capital Management, LLC
Event Driven Global Macro
Principal(s): Anton Barinov
Strategy: Global Macro / G5 Equity & Bond Indexes, Currencies, Commodities
Investment Restrictions: 4.7 Exempt - QEPs Only
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
The strategy involves event-driven directional trades in G-5 sovereign bonds and equity indexes, as well as currencies and commodities. The strategy is fully discretionary. We identify 1-3 month fundamental trends in all major macro instruments, and then we identify future events that could accelerate, weaken or reverse any of those trends. We structure our trades around such future events. Trade types we look at are as follows:
- Entering a trade after an event that we believe should impact a short-term trend significantly (therefore, not immediately priced in by the market);
- entering and exiting a trade before an important event to play market's pre-positioning for the event, such as shorts or longs accumulation or short covering;
- entering a trade before an important event and exiting it after the event to capture price movement caused by the event. Average trade duration is 3 days.
Risk Management Framework
- The maximum portfolio drawdown is set at 10% NAV
- Trades in an attempt to keep losses within 1.5% of NAV in case stop-loss is hit
- Stop-losses are set based on expected volatility of an instrument
- Option strategies are implemented to protect the portfolio against an unexpected
- The portfolio is monitered around the clock since team members are based in different time zones
Ahead Capital Management LLC (“AC”) is a Global Macro investment firm, based in West Palm Beach, Florida, USA. Mr. Anton Barinov (39) was previously a Director and Head of TMT at Renaissance Capital, an emerging markets bank.
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.54% | 1.01% | -1.08% | 0.18% | 0.97% | 0.32% | 0.45% | – | – | – | – | – | 2.40% | -1.08% |
| 2025 | 2.10% | 0.56% | 1.38% | -0.97% | 1.12% | 0.61% | 0.43% | 0.57% | 0.28% | 0.36% | 1.51% | 0.50% | 8.75% | -0.97% |
| 2024 | 0.56% | -3.73% | 3.96% | -4.21% | 1.77% | -1.31% | 1.96% | 0.88% | -2.39% | 1.51% | 0.15% | -0.21% | -1.38% | -4.21% |
| 2023 | – | – | – | – | – | – | – | – | – | – | – | -2.02% | -2.02% | -2.02% |
Track Record Compiled By: Compliance Supervisors
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.