Brevan Howard Launches Quant. Fund

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.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...