Saturday, 25 October 2014
Last updated 1 day 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.