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

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note