Sun, Apr 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Quest Partners outperforms CTA indices for a strong start to the year

Friday, July 19, 2013

Bailey McCann, Opalesque New York:

New York-based CTA, Quest Partners has put up a strong start for 2013. According to sources familiar with the fund, the AlphaQuest Original Program is up 15% year-to-date. The performance has been solid across both the AlphaQuest Short Term (+13.3%) as well as the AlphaQuest Long Term (+12.6%) programs. The firm has also launched a new program - Quest Equity Neutral (QEN) based on the equity hedging thesis put forward by the firm, that Opalesque previously reported on.

The performance is notable given that the BTOP50 and Newedge CTA Indices are generally flat YTD; -0.2% and +0.9%, respectively. Quest’s models use technical and fundamental inputs to identify trading opportunities and manage risk allocations on a continuous basis. The models exploit market inefficiencies using trend following, mean reversion, carry and periodicity strategies. The firm manages short and long term programs, as well as an FX program in addition to the new Quest Equity Neutral launch.

The AlphaQuest Original Program has approximately $43m in assets under management. The firm itself has approximately $843m in AUM. Total return since inception in 1999 for the AQ Original Program is 474.6%. The AQ Short Term Program has approximately $142m AUM. The AQ Long Term Program has approximately $26m AUM.

In May, Opalesque reviewed a rese......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo