Singapore Quant Has Big Plans

May 27 2008 | 9:00am ET

A Singapore quantitative hedge fund shop plans to increase its assets more than fifteen-fold over the next five years.

The appropriately named Quant Asset Management, says it will almost more than triple is assets under management this year, with big plans for the future. The firm said its QAM Global Equities Fund, which returned 44.5% last year, will increase its assets from US$150 million to US$400 million by December.

Quant says the fund could grow to as much as US$3 billion in five years, Bloomberg News reports.

Quant also plans to close its currently-US$65 million QAM Asian Equities Fund at $150 million in December, and then to increase it by 30% per year. The Asian fund returned 66.2% last year.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

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

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR