US and UK firms become allies in the fight for futures

When you're a commodity trading advisor (CTA) investing a significant portion of your funds' assets in futures, Chicago is the place to be, according to Robert Stein, managing partner of Astor Partners.

Astor is the general partner of the Apple Funds, a multi-strategy fund of hedge funds, and the general partner of the Astor Duet Global Futures Fund, a joint venture of UK-based Duet Asset Management and Astor Partners.

"Our partner, Henry Gabay, the managing director of Duet Asset Management,