Friday, 28 November 2014
Last updated 1 day ago
Mar 28 2008 | 8:07am ET
If at first you don’t succeed: Augustus Asset Managers is giving its quantitative currency hedge fund another shot after pulling the plug in November.
The London firm, which manages about US$1 billion in hedge funds, debuted the fund in July, just in time for it to be battered, along with other quant funds, by the summer’s market volatility. So the firm closed the fund and retooled its models, relaunching it on Feb. 1 for a “road-test” with seed money. The fund is not yet open to outside investors.
Augustus CEO Tim Haywood told Reuters that the new version of the fund is “working much better” than its predecessor.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...