Thursday, 26 November 2015
Last updated 14 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…