Wednesday, 1 April 2015
Last updated 7 hours ago
Oct 14 2013 | 11:31am ET
New hedge fund Orso Capital Management is set to launch its maiden offering, a quantitative stock fund.
Quadrant Plus Partners will aim for long-term growth investing exclusively in Standard & Poors' 500 and Russell 2000 index constituents, Orso founder Andrew Lydon said. Lydon established Orso—which he notes means "bear" in Latin, "because of the strategy's ability to succeed even in bear markets"—earlier this year after running an eponymous hedge fund analysis, modeling and due-diligence company.
“The Quadrant Plus Partners strategy is driven by technical analysis and a proprietary mathematical formula that first identifies the current market environment,” Lydon said. “The strategy then seeks to create alpha by adjusting the portfolio’s exposure to take advantage of opportunities within those environments. The portfolio’s beta is similar to the S&P 500, but the Sharpe Ratio is more favorable, thus making the systematic risk mathematically justified.”
“Fundamental analysis in and of itself is not a predictor of future market movement. We look to take the emotion out of investing by holding dearly to our core beliefs of vigilance, flexibility, and that math never lies.”
Before setting up Andrew Lydon Consulting in 2006, Lydon worked at Bull Run and Fisher Investments.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…