Lucky 8 for Chinese New Year – pre-launch quants we are looking at
Gong Xi Fa Cai! Here are 8 quant funds which will start with the Year of the Dog.
While the majority of new quant funds are based in the US, we find one from London and two from Singapore (three cheers for my home country! Although none of the PMs are Singaporeans, hmm). At least one of the US-based funds is setting up offices in Asia.
We see equities as the favorite choice of weapon although there is a multi-asset fund for risk premia (see my article Battle of the Risk Premia Bots), a fund trading FX and one which will extend into commodities futures. Almost all the PMs came from established hedge fund shops except one from a bank and another from a wealth management firm.
Inferent Capital
New York -based quant market neutral, stat arb pre-launch fund founded by ex- head of trading at Bridgewater. Founder’s share class available.
New York -based quant market neutral, stat arb pre-launch fund founded by ex- portfolio manager Minhua Zhang at Cubist. CTO from Facebook and Bloomberg. Analyst formerly of R&F Capital, whose founder was from Two Sigma. Founder’s share class available.
Pre-launch fund headquartered in NJ with offices in India and China. CIO Sudeep Gupta was co-founder of Quadeye Trading. Stat arb + high frequency trading in emerging Asian markets.
Pre-launch London -based factor fund with “low capacity” risk premia strategy to invest across asset classes. Ex-Tudor PM Theo Tsagaris with PhD in Statistics & Machine Learning from Imperial College London.
Former Hutchin Hill portfolio managers Dario Villani and Kharen Musaelian launching Machine Learning strategy initially applied to equities in a market neutral strategy. The pair previously worked together as co-heads of global rates and macro at Hutchin Hill.
Mani Mahjouri, CIO and chief strategist at Tradeworx, to spin out to launch a hedge fund combining high frequency strategies with stat arb. Founder’s share class available
Fairtide Capital
Singapore -based stat arb fund utilizing machine learning to trade equity and commodities index futures.
Singapore -based FX fund utilizing AI to trade currency options. Ex- JPM traders Atsuo Ogaki and Damien Loh, who are the fund’s CEO and CIO respectively.