Winton Seeks Scientific Edge With Swiss Office

May 29 2012 | 8:31am ET

Winton Capital Management has become the latest London hedge fund to open an office in Switzerland.

The US$28 billion quantitative firm is setting up a base in Zürich. But unlike most—if not all—of its peers, Winton's motives do not appear to involve taxes or European Union regulations.

Instead, the black box shop has been forced to look to Switzerland to feed its insatiable appetite for top scientific talent, Financial News reports. And with the pickings slim from British universities, Winton is turning to Switzerland, which boasts a pair of top scientific universities in Zürich. The hedge fund, which already employs some 110 scientists, also hopes a Swiss base will allow it to recruit from the Large Hadron Collider, the world's largest particle accelerator, which straddles Switzerland's border with France near Geneva, about three hours southwest of Zürich.

"Our intention remains… to keep reinvesting in the highest-quality scientific research so that our hard-earned expertise in financial mathematics can grow," Winton founder David Harding told FN. "To do that, we have to continue to attract the best and brightest scientists and create a flexible working environment where our people can flourish."


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note