Sunofia Capital Readies Market Neutral Hedge Fund Strategy

Jul 17 2013 | 5:16am ET

Asset management firm Sunofia Capital Management is gearing up to launch a market neutral hedge fund strategy.

The strategy, which will be managed by Moustapha Awada, will initially invest in European and Japanese liquid equities and will subsequently add liquid North American and global stocks.

Awada has over 17 years of trading, portfolio and risk management experience. Previously, he was a managing director and global head of the multi-asset systematic trading group at Dresdner Bank. Awada began his career in academia as a theoretical physicist. After receiving his Ph.D. from Imperial College, London, Awada completed three post-doctoral fellowships, including one from Cambridge University where he was supervised by Stephen Hawking.

Sunofia Capital has also partnered with Pulse Capital Partners, which helps institutionalize and accelerate funds’ growth.

“We are very excited to work with Dr. Awada whom I have known for many years,” said Pulse managing partner Ibrahim Gharghour. “We believe Sunofia’s approach to investing is highly differentiated by its alpha generating ability and robust risk management processes.”

The core strategy at Sunofia is built on a statistical arbitrage framework, trading high frequency signals via mean reversion and momentum-driven strategies. The investment process aims to provide investors with high risk-adjusted returns with low volatility product offering, driven by sophisticated models that regularly adapt to changing market conditions.

“We have developed and enhanced Sunofia’s models over the last 15 years. What distinguishes Sunofia from our peers in the market are our proprietary algorithms, which have proven time and time again the consistency of our performance not only in normal but also in distressed market conditions,” said Awada. “We believe that our strategy offers investors a differentiated source of alpha generation.”


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.