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Adviser Profile

As of Date 07/31/2024
Adviser Type - Large advisory firm
- Outside the United States
- An investment adviser (or subadviser) to an investment company
Number of Employees 140 9.38%
of those in investment advisory functions 61 10.91%
Registration SEC, Approved, 10/1/2003
AUM* 3,418,453,281 -41.78%
of that, discretionary 3,418,453,281 -41.78%
Private Fund GAV* 3,263,288,050 -26.23%
Avg Account Size 341,845,328 -41.78%
SMA’s No
Private Funds 8
Contact Info +44 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
6B 5B 4B 3B 3B 2B 839M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count7 GAV$2,823,494,530
Fund TypeOther Private Fund Count1 GAV$439,793,520

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Brochure Summary

Overview

Aspect Capital Limited is a London-based, systematic investment manager. Anthony Todd, Martin Lueck, Michael Adam and Eugene Lambert established Aspect Capital Limited in 1997. In this document we refer to Aspect Capital Limited as Aspect Capital or Aspect. Our senior management team has extensive experience in the development and implementation of systematic investment strategies. We employ a team of over 140 professionals and invest heavily in the continuing research-driven evolution of our quantitative alpha-generating investment systems and the efficient implementation of such systems across a wide range of liquid asset classes. Our executive board, our employees and our employee benefit trust own approximately 97% of the share capital of Aspect Capital. Our largest individual shareholders are Anthony Todd and Martin Lueck. As of 29 December 2023, the other members of our executive board held an aggregate of approximately 1.8% of the share capital of Aspect Capital. In addition, a number of our employees hold options to purchase shares. We provide discretionary investment management services for a variety of markets and instruments, such as futures, contracts for difference (CFDs), swaps, forwards and other derivative contracts, to investors that invest in hedge funds that we or third-parties sponsor and to persons (other than natural persons) that invest through individually managed accounts. We refer to certain of our investment funds throughout this brochure as the Aspect Funds (with all other clients which are not Aspect Funds being referred to as “managed accounts”). The Aspect Funds currently comprise: 1. the Aspect Diversified Fund (and its associated feeder funds, Aspect US Institutional Fund Limited and Aspect US Fund LLC); 2. the Aspect Diversified Trends Fund; 3. the Aspect Core UCITS Fund; 4. the Aspect Core Trend HV Fund; 5. the Aspect Alternative Markets Fund; 6. the Aspect Multi-Strategy Fund; 7. Aspect Systematic Global Macro Offshore Fund; and 8. the Aspect China Diversified Fund. The list of Aspect Funds above does not include vehicles with a single investor or a limited number of investors which are not actively marketed to third parties and are akin to managed accounts. By purchasing shares in the Aspect Diversified Fund, investors obtain exposure to Aspect’s longest-standing investment program, the Aspect Diversified Program. The Aspect Diversified Program is a systematic momentum-based investment strategy which invests in liquid global financial and commodity futures, currency forwards and other derivative contracts. The Aspect Core UCITS Fund and Aspect Core Trend HV Fund provides investors with access to the Aspect Core Diversified Program (at different volatility levels). The Aspect Core Diversified Program provides systematic pure momentum exposure to highly-liquid derivative contracts using only the pure momentum models which form the major part of the Aspect Diversified
Program. The Aspect Alternative Markets Fund provides investors with access to the Aspect Alternative Markets Program. The Aspect Alternative Markets Program applies Aspect’s enhanced trend capture models to an alternative portfolio of markets including OTC asset classes, emerging markets, ETFs, single name equities, less liquid futures, harder to access credit and swap markets and includes trading of two virtual currencies. The Aspect Multi-Strategy Fund provides investors with access to the Aspect Multi-Strategy Program which combines systematic trading strategies from across Aspect’s entire suite of investment models in an unbiased and diversified fashion, including some which are not currently available in a standalone Aspect Fund format.  Page 5 of 14 The Aspect Systematic Global Macro Offshore Fund provides investors with access to the Aspect Systematic Global Macro Program which applies a systematic relative value approach to global fixed income, global stock indices, ETFs, currency and volatility investing. The Aspect China Diversified Fund provides investors with access to the Aspect China Diversified Program. The Aspect China Diversified Program is a systematic momentum-based investment strategy which enables offshore investors access to a diverse set of liquid Chinese financial and commodity futures. Finally, the Aspect Diversified Trends Fund provides investors with access to a variant of the Aspect Diversified Program. Investors in the Aspect Funds are not able to impose restrictions on either the manner or type of investments made by the Aspect Program(s) they trade. However, persons who establish a managed account may negotiate customised investment restrictions in relation to the instruments in which the Aspect Program(s) invest in and other parameters in order to suit their specific investment needs. Aspect also operates an additional systematic investment program, the Aspect Dynamic Currency Hedging Program, in managed account format which is not currently available in an Aspect Fund. The Aspect Dynamic Currency Hedging Program uses the currency strategies which form part of the Aspect Systematic Global Macro Program to create customised dynamic hedging overlay portfolios. We do not participate in wrap fee programs. As of 29 December 2023, we manage client assets in the amount of US$7.747billion on a discretionary basis, of which US$3.418 billion are regulatory assets under management. We manage further client assets in the amount of US$130.5 million on a non- discretionary basis. All discussions of clients’ investment terms in this document, including but not limited to their investments, strategies, fees and other costs, conflicts of interest and relevant material risks are qualified in their entirety by reference to the relevant investment management agreements and disclosure documents (as regards managed account clients) and (as regards the Aspect Funds) the relevant offering memorandum and governing documents.