Sigma Advanced Capital Management, LLC

Colombia-flagColombia Type: Commodity Trading Advisor (CTA) Registrations: NFA ID: 0518393
Program Past 12 Months Jun YTD CAROR WDD AUM Min Inv Visits
Global Advanced Futures and Spread Program (QEP) chart thumbnail -1.95 -1.20 11.21 -15.96 $ 5.0M $ 200k 6829

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

CTA Introduction

Sigma Advanced Capital Management, LLC, an Illinois limited liability company, is a Commodity Trading Advisor registered with the Commodity Futures Trading Commission (CFTC) and Member of the National Futures Association (NFA).

Sigma Advanced specializes in commodity futures, relative value, and calendar spread strategies seeking absolute returns across a wide range of economic cycles and market environments. The company follows a Quant-Mental Investment Process combining quantitative techniques such as statistical modeling, machine learning, natural language processing with Discretionary, and Fundamental analysis.

Its flagship program: The Global Advanced Futures and Spread (GAFS), focuses on a risk-adjusted balanced portfolio of calendar spreads, relative value strategies, and outright futures. Non-correlated alpha is generated by analyzing and exploiting inefficiencies of the term structure created by changes in the cost of carry, commodity index roll, extreme price deviations, mean reversion, weather, and seasonal patterns. The returns of the GAFS program typically exhibit a low correlation to other investable assets, including stock index, bonds, commodities benchmarks, and other CTAs.

Carlos Arcila Barrera, CFA, CAIA is the Advisor’s founder and sole principal. Mr. Arcila has over 8 years of derivatives trading experience across a wide range of commodity markets, specializing in futures and spread trading. He is the Adjunct Professor of Finance at Universidad de Los Andes, and associate researcher for The Center of Sustainable Finance.

During his professional career, Carlos worked as an Investment Analyst for the endowment of the Universidad de Los Andes, as Energy Risk Associate for Optima Consultores S.A.S, setting up and managing the electricity risk program, developing various hedging and trading strategies in electricity futures for Latin-American companies. From 2014 to 2016, Carlos worked for a prominent CTA in Chicago, and from 2017 to 2019 he led The Financial Markets Research Center (today Center of Sustainable Finance) at Universidad de Los Andes, conducting diverse research on Managed Futures, Asset Management, Blockchain for financial markets and Sustainable Investments.

In 2016 Carlos started the Global Advanced Futures and Spread program (GAFS), focuses on the strategy, research, and trading of the program.

Carlos holds an MSc. in Finance from the University of Notre Dame (Magna cum Laude) and B.S in Business Administration from Universidad de Los Andes; he is member of the International Association for Quantitative Finance (IAQF), and the American Finance Association (AFA), Carlos is a CFA Charterholder, CAIA Charterholder and hold the Series 3 license.