Saturday, 4 July 2015
Last updated 19 hours ago
Oct 8 2010 | 12:31pm ET
Brevan Howard Asset Mangament has launched a US$300 million quantitative fund.
The Systematic Trading Fund was launched internally in March, seeded by the firm's flagship Brevan Howard Master Fund, the Financial Times reports. Europe's largest hedge fund manager has turned over management of the vehicle to an external firm, DG Systematic Trading, headed by London Diversified Management co-founder David Gorton.
The Systematic fund is Brevan Howard's first pure quant fund.
With a seven-month track-record under its belt, the firm has begun marketing the fund to outside investors. Systematic has returned 9.3% since its debut.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…