Friday, 1 August 2014
Last updated 7 hours ago
Jun 30 2008 | 11:03am ET
La Jolla, Calif.-based Denali Advisors, a quantitative asset manager, is currently prepping a 130/30 strategy to launch later this year.
The firm said it recently started managing a paper portfolio that mimics a 130/30 strategy, and it believes it is well positioned to launch the strategy because of its quantitative approach and experience in managing hedge fund strategies.
Denali currently manages a market neutral hedge fund, which was launched in June 2003. The firm also manages large cap value and mid cap value funds. All told, Denali manages some $1.5 billion in total assets.
Robert Snigaroff, an Alaskan native of the Aleut Tribe, founded Denali in 2001 and serves as its president and chief investment officer.