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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of