Friday, 26 December 2014
Last updated 2 days ago
Dec 3 2012 | 11:31am ET
Quantitative hedge funds haven't had the easiest time over the last few months, except when it comes to getting off the ground.
A record number of quant. funds debuted last year, 187, and that total is expected to be exceeded this year. According to Preqin, it has already noted 95 new quant fund launches this year, even with data that typically sees a six- to nine-month lag.
Total hedge fund launches in the first quarter of this year were up 40% from the year-ago period.
"We expect 2012 numbers to exceed those of 2011," Amy Bensted, head of hedge funds at Prequin, told the Financial Times.
While those new funds seem to have no trouble raising enough to get off the ground, they're likely to be disappointing investors. The average systematic fund is down more than 3% this year, according to Hedge Fund Research, while the average hedge fund is up.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.