Thursday, 27 November 2014
Last updated 21 hours ago
Aug 9 2010 | 2:07pm ET
French asset manager Carrousel Capital is marking its tenth anniversary with the launch of a quantitative hedge fund.
The firm, which specializes in closed-end fund arbitrage, has been building the new strategy for three years. The systematic fund will rotate its investment strategies, investing in liquid vehicles in a variety of asset classes, among them stocks, bonds, indices, commodities and currencies.
“Back in 2007 when we began the development of this new strategy we knew that investors were looking for ever greater liquidity, transparency, and diversity and so designed Centrix IX to deliver on all those requirements,” CEO Bruno Sangle-Ferriere told HedgeWeek. "We believe that taking a rigorous, systematic approach removes much of the risk posed by human behaviour and human error, but by retaining human oversight of our model we can remain dynamic in the event of unusual market conditions.”
The Centrix IX fund is named for the grand ecoles alma maters of Sangle-Ferriere and directors Christophe Le Lannou and Lilian Chovin.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...