Wednesday, 7 October 2015
Last updated 21 hours ago
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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…