Bay Area Family Office Launches Statistical Arb. Fund

Nov 14 2008 | 3:00am ET

There are actually new hedge funds that didn’t get hammered in September and October: San Francisco-based Quantum Pacific Investments’ long/short equity hedge fund, Quantum Pacific Tactical Equity Fund, netted 3.32% last month on top of its 3.26% return during its first two months of trading.

The fund, which currently manages $22.4 million in assets, is a statistical arbitrage vehicle that strives to be market-neutral, according to the firm. Its objective is to be fully-invested at all times in 100% liquid securities that are publicly-traded and marked-to-market, nightly. The firm emphasizes that its fund does not use a black box approach but seeks to sweep the over 15,000 publicly-traded securities that are traded on U.S. exchanges each day, including stocks, bonds, exchange-traded funds, mutual funds and closed-end funds.

“All trade decisions are done on an individual basis and trades are produced by hand,” said the firm.

The fund charges a 1.5 % management fee and a 20% incentive fee. Its minimum investment requirement is $250,000.

Controller Jeff Coddington said there are several variations of the firm’s tactical equity portfolio in the works, including long-only and short-only adaptations.

Quantum Pacific is the asset management arm of San Francisco Sentry Securities.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Nicky Hilton To Wed James Rothschild

Aug 20 2014 | 5:23am ET

When it comes to husband-material, socialite Nicky Hilton is sticking with finance...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note