Galtere Ltd. was founded in 1997 by Renee Haugerud, a commodity trading veteran of over 30 years.  Galtere’s flagship strategy distinguishes itself from pure commodity strategies and from traditional global macro strategies by blending elements of both.  By looking through the commodity lens, Renee and the investment team approach markets from a distinctive standpoint, and are keenly aware of how commodity fundamentals can influence other asset classes.  Typically, commodities make up the bulk of the portfolio, with the next largest exposure in foreign exchange, followed by fixed income and equity trades.  Combining the discretionary theme-based investment selection (see investment strategies) with Galtere’s proprietary technical process for pricing and risk management, the returns have a very low correlation to most asset classes while offering low volatility.

The Galtere philosophy is particularly forward-looking – an important component of the “art” of trading – while incorporating proper historical perspective, or the “science” of trading.  We feel that this hybrid view of global opportunities is an integral part of our continual success as an investment manager.

In 2010, Galtere marks two milestones.  First, we have opened The Galtere Research And Development Center in Minnesota.  This center is open to provide interested parties with a tangible knowledge of how our ideas are sourced, tested, and developed. Second, the firm has opened Galtere (Switzerland) AG in Zug, as part of our ongoing efforts to connect with our global investors and to develop our business across multiple time zones.