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

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note