WaveFront Global Asset Management
WaveFront Global Asset Management is a Toronto-based, privately-owned quantitative asset manager founded in 2003 that builds systematic managed futures strategies across 60+ global markets for accredited individual and institutional investors in Canada, the United States, and South Korea, distributed via TSX-listed ETF, mutual fund, and separate accounts.
- Company typePrivate
- Founded2003
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What WaveFront Global Asset Management does
WaveFront Global Asset Management is a Toronto-based, privately-owned quantitative asset management firm founded in 2003 that builds and operates systematic managed futures strategies for accredited individual and institutional investors across Canada, the United States, and South Korea. The firm operates with a small team (1-10 employees) and earns revenue primarily through management fees (1.00% on its flagship Global Diversified Program) and performance fees (20%) on assets under management, plus mutual fund and ETF management fees on its listed products.
The firm's core technology stack consists of proprietary quantitative systematic models that execute buy and sell decisions algorithmically, combining trend following, universal carry, and value-based factors across 60+ global financial and commodity markets. The investment team has built a proprietary order management system (OMS), execution management system (EMS), and underlying data infrastructure in-house. Products are delivered through three primary vehicles: the WaveFront Global Diversified Program (institutional separate accounts and a daily-liquid mutual fund wrapper, AHP 1110, distributed via Arrow Capital Management), the WaveFront All-Weather Alternative Fund ETF (TSX: WAAV), and the direct WaveFront Global Investment Program for qualified non-U.S. investors.
WaveFront monetizes through subscription-recurring management and performance fees, with distribution executed via two channels: a partnership with Arrow Capital Management for mutual fund and ETF products, and direct sales to qualified investors. Distribution is augmented through six major Canadian online broker platforms (RBC Direct, BMO, Scotia, CIBC, Qtrade, Questrade). The firm is registered with the U.S. CFTC, NFA, and Ontario Securities Commission, and reports a 198% cumulative return and 5.8% CAGR since inception for its Global Diversified Program, with the WAAV ETF showing 0.32 correlation to the S&P 500.
WaveFront Global Asset Management firmographics
Firmographics- Name
- WaveFront Global Asset Management
- Legal name
- WaveFront Global Asset Management
- Website
- https://wavefrontgam.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- WaveFront Global Asset Management is a Toronto-based, privately-owned quantitative asset manager founded in 2003 that builds systematic managed futures strategies across 60+ global markets for accredited individual and institutional investors in Canada, the United States, and South Korea, distributed via TSX-listed ETF, mutual fund, and separate accounts.
- Ownership category
- akta.pro rank
WaveFront Global Asset Management industry classification
Industry- Product category
- Alternative Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Hedge Funds — Commodity Systematic/CTA (Managed Futures) (FSAHAHAC)
- akta.pro secondary industries
- Multi-Asset & Allocation ETFs (Balanced, Target Risk) (FSAAAFAF), Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)
Keywords
Where WaveFront Global Asset Management is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
WaveFront Global Asset Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Management Fees: Annual management fees charged on assets under management. The Global Program charges 1.00% management fee.
- Performance Fees: Performance-based fees charged when returns exceed specified benchmarks. The Global Program charges 20% performance fee.
- Mutual Fund Distribution: Revenue from distribution of the WaveFront All-Weather Alternative Fund ETF (TSX: WAAV) and mutual fund products through Arrow Capital Management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | WaveFront Global Diversified Program |
| Subscription | Annual | WaveFront All-Weather Alternative Fund ETF |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
WaveFront Global Asset Management product offering
Product offeringCore offering
WaveFront Global Asset Management provides quantitative managed futures and alternative investment strategies through computer-driven systematic models. Its core offerings include the Global Diversified Program (a managed futures strategy using trend following, universal carry, and value-based approaches across global financial and commodity futures markets) and the WaveFront All-Weather Alternative Fund ETF (TSX: WAAV), available in both ETF and mutual fund formats. The firm charges management fees and performance fees on assets managed for accredited individual and institutional investors.
Product overview
WaveFront Global Asset Management is a Toronto-based privately-owned quantitative investment management company offering a suite of alternative investment products. The core offering consists of two main strategies: the Global Diversified Program (a managed futures strategy utilizing quantitative systematic approaches across global commodities, currencies, interest rates and equity indices via futures and options contracts) and the WaveFront All-Weather Alternative Fund (a multi-strategy fund designed for balanced returns across market conditions). These are available through multiple formats including ETFs (WAAV on TSX), mutual funds (AHP 1110), and institutional separate accounts, with strategies including trend following, universal carry, and value-based approaches. The firm was founded in 2003 and manages assets for individual and institutional investors in Canada, the United States, and South Korea.
Differentiator
Problem solved
Functional benefit
Brands
- WAAV ETF: WaveFront All-Weather Alternative Fund ETF - Engineered for stability and built for growth, designed to deliver consistent, superior risk-adjusted returns across diverse market conditions.
- WaveFront Global Diversified Program
- WaveFront Global Investment Program
Products and services
- WaveFront Global Investment Program (Global Diversified Program) A managed futures strategy that seeks to deliver superior long-term absolute and risk-adjusted returns, especially during large equity market drawdowns. The portfolio is constructed through a quantitative investment process that produces long and short positions in futures and options on futures contracts covering global commodities, currencies, interest rates, and equity indices. Available to qualified non-U.S. investors as a direct investment program and to Canadian investors via mutual fund format.
- WaveFront All-Weather Alternative Fund ETF (TSX:WAAV) A purpose-built all-weather ETF designed for Canadian investors seeking an attractive yield in a strategy designed to deliver balanced, superior returns without relying on strong equity markets or traditional stock-and-bond performance. Available as both mutual fund and ETF for daily liquidity. Listed on the Toronto Stock Exchange.
- WaveFront Global Diversified Investment Class (AHP 1110) A daily liquid mutual fund version of the Global Diversified Investment Program, offered through Arrow Capital Management, providing retail investors access to managed futures strategies.
Quantifiable outcome
- Total Cumulative Return of 198% since inception for Global Diversified Program
- +3 more outcomes
Companies that use WaveFront Global Asset Management
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
WaveFront Global Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
WaveFront Global Asset Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Arrow Capital Management Inc.coreArrow Capital Management serves as the fund manager and distributor for WaveFront's ETF (WAAV) and mutual fund products. Arrow handles fund administration, distribution, and regulatory compliance for the WaveFront All-Weather Alternative Fund and WaveFront Global Diversified Investment Class.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
WaveFront Global Asset Management competitors and assessment
Company assessmentDirect peers
- Winton Group: London-based systematic CTA running global managed-futures strategies across commodities, equities, and fixed income using computer-driven models. Closely comparable investment process and target institutional allocator base.
- Campbell & Company: Long-standing managed-futures CTA offering systematic global futures programs to institutional and HNW investors. Highly comparable strategy mix (trend, carry, value across global futures) and client profile.
- Aspect Capital: Systematic global macro / managed futures manager running diversified trend-following and multi-strategy programs across 100+ markets. Directly overlapping investment universe (commodities, currencies, rates, equity indices).
Broad incumbents
- Man Group: Global alternative asset manager whose Man AHL division is one of the world's largest systematic/managed-futures CTAs. Directly comparable strategy, far larger scale, and overlapping institutional client base.
- AQR Capital Management: Large quantitative alternative manager offering managed-futures strategies alongside equity, fixed income, and multi-asset products. Broader product suite but overlapping systematic methodology and target client segments.
Others
- Arrow Capital Management: Canadian fund manufacturer and distributor that administers and distributes WaveFront's WAAV ETF and Global Diversified Investment Class. Key distribution enabler rather than a competing strategy provider.
- AlphaShares: Quantitative equity index product company co-founded by WaveFront Portfolio Manager Mark Adams (with Burton Malkiel). Adjacent quant-investing ecosystem player rather than a direct managed-futures competitor.
Regional players
- AGF Investments: Canadian asset manager partnered with WaveFront in the AGFWave joint venture for Asia operations. Comparable Canadian institutional/retail footprint and overlapping alternative-strategy ambitions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
WaveFront Global Asset Management social profiles
Digital presenceWaveFront Global Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
WaveFront Global Asset Management leadership team
Management profileNumber of profiles
Profiles9 records
WaveFront Global Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WaveFront Global Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WaveFront Global Asset Management
What does WaveFront Global Asset Management do?
WaveFront Global Asset Management provides quantitative managed futures and alternative investment strategies through computer-driven systematic models. Its core offerings include the Global Diversified Program (a managed futures strategy using trend following, universal carry, and value-based approaches across global financial and commodity futures markets) and the WaveFront All-Weather Alternative Fund ETF (TSX: WAAV), available in both ETF and mutual fund formats. The firm charges management fees and performance fees on assets managed for accredited individual and institutional investors.
Is WaveFront Global Asset Management a public or private company?
WaveFront Global Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was WaveFront Global Asset Management founded?
WaveFront Global Asset Management was founded in 2003. It employs 1 to 10 people.
Where is WaveFront Global Asset Management based?
WaveFront Global Asset Management is headquartered in Toronto, Canada, in the North America region.
How does WaveFront Global Asset Management make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and mutual Fund Distribution.
Who are WaveFront Global Asset Management's main competitors?
Direct peers on record are Winton Group, Campbell & Company and Aspect Capital. Broad incumbents are Man Group and AQR Capital Management. Others are Arrow Capital Management and AlphaShares. AGF Investments is listed as a regional player.
Does WaveFront Global Asset Management have an API?
No public API is recorded for WaveFront Global Asset Management.
What industry is WaveFront Global Asset Management in?
WaveFront Global Asset Management's product category is Alternative Asset Management. Its primary akta.pro industry code is FSAHAHAC, Hedge Funds — Commodity Systematic/CTA (Managed Futures), with a secondary code of FSAAAFAF, Multi-Asset & Allocation ETFs (Balanced, Target Risk). Its NAICS code is 523940 and its SIC code is 6282.