Sat, Aug 27, 2016
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

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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new