Wednesday, 20 August 2014
Last updated 9 hours ago
Nov 8 2012 | 4:37am ET
While most hedge funds struggle to raise assets, one Cambridge, England-based firm isn’t having any trouble.
Cantab Capital Partners has closed its flagship quantitative strategy to new investors after reaching capacity with $4.5 billion in assets under management.
Ewan Kirk, chief investment officer and founding partner of Cantab, said the CCP Quantitative strategy “is currently at the optimal size for us to continue delivering attractive risk adjusted returns to our investors.”
Cantab has close ties to academia, which isn’t surprising giving its location in one of the UK’s preeminent university towns. The firm’s team consists of 37 employees, most of whom are focused on research and trading.
The CCP Quantitative Fund was launched almost six years ago with $30 million in assets under management. According to the firm, the strong growth is due to “Cantab’s high-quality team, world class technology, robust high-performance models, state-of-the-art risk management, and high levels of liquidity and transparency.”
The firm implements its investment strategy by constructing a portfolio of multiple models across three broadly uncorrelated sources of return and clusters of models – value, medium term momentum and short-term trading.
Kirk added: “We are extremely pleased with the continued support from our investors which, combined with the hard work and dedication of our team, has allowed us to reach this point.”
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note