Thursday, 31 July 2014
Last updated 6 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…