QuantZ Funds Slip Slightly In Q1

Apr 22 2014 | 8:50am ET

Milind Sharma's QuantZ Capital Management is off to a slow start in 2014.

The firm's Quark Equity Market Neutral fund was down 1.2% in the first quarter as was its new Quasar Equity Long Short fund.

“Given the no vol/low vol/low dispersion environment, there was no alpha to report of amongst quant models in Q1 through Quark and, to the extent that equity indices finished Q1 flattish, there was no benefit to accrue in Quasar ELS from directional exposure either, with both funds ending flat (gross) and slightly down net of fees/expenses," wrote the firm.

While admitting EMN funds have been out of favor the past couple of years, QuantZ argued they've done "extremely well" compared to peers and indices and particularly against prominent EMN funds that have liquidated due to poor performance—including Goldman Sachs' Global Alpha fund and Tudor Investment Corp.'s Tensor Fund

Quark EMN was up 4.28% in 2013. Quasar ELS, which went live in January 2014, has identical stock selection to Quark EMN but with "dynamic beta."

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...