Friday, 29 August 2014
Last updated 3 hours ago
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.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...