Tuesday, 16 September 2014
Last updated 1 hour ago
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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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