QIM Enjoys Strong June

Jul 7 2010 | 11:47am ET

Quantitative Investment Management appears to have bucked the trends facing both its fellow commodity-trading advisors and the hedge fund industry generally in June with a 0.42% return.

The Charlottesville, Va.-based firm credited its “contrasting positions in energy products” with driving “performance in a muted month for risk.” In particular, QIM pointed to index futures and a “positive month in metals trading.”

Following June’s bump, the firm’s flagship $4.2 billion Global Program is down 6.61% on the year. Its 1x fund is down 6.57% after a 0.4% estimated jump last month, and its 3x fund is down and estimated 18.71% after gaining 1.29% on the month.

QIM’s $527 million Quantitative Tactical Aggressive Fund ended its strong first half with a strong June, rising an estimated 1.65% on the month to end 2010’s first six months up 16.78%.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of