Man Quant. Founds New Hedge Fund

Dec 4 2013 | 1:54pm ET

Richard Bateson, a former top executive at Man Group's flagship AHL strategy, has left the ailing firm to set up a hedge fund of his own.

Bateson's London Quantitative Investments has launched its maiden product, a multi-strategy non-trend vehicle. The new fund is called Multi-Strategy Certificates.

"Trend-following strategies have disappointed in recent years and many investors are now looking for an alternative," Bateson said. "LQI will provide attractive, high-liquidity strategies uncorrelated to traditional trend followers."

In addition to Bateson, a former physicist, LQI, which is based in Mayfair, also boasts Goldman Sachs veteran Jonathan Greenhalgh and Lehman Brothers veteran Patrick Coppens. Bateson formally left Man in March, just two months after he was moved from his post at the struggling AHL to a new role as senior quantitative analyst at Man's GLG Partners unit.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR