Monday, 28 July 2014
Last updated 8 hours ago
Aug 27 2012 | 1:42pm ET
Hedge fund Aquantum, led by Winton Capital Management's former senior scientist, will launch its first UCITS-compliant fund later this year.
The index provider and commodity hedge fund shop will launch an asset management business in Munich, Germany. The new unit's first order of business will be the creation of the UCITS fund, expected in the fourth quarter.
The new fund will be a quantitative multi-strategy vehicle investing in almost 50 futures markets, although it will exclude commodities, Financial News reports.
"We know that markets are not fully efficient, which means consistent arbitrage opportunities exist," founder Thomas Morrow told FN. "However, many existing quantitative systems are prone to weaknesses, especially when the size of investments in those systems rises to high levels."
Morrow founder Aquantum in 2008 after leaving Winton.
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…