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: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of