Sat, Oct 10, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ex-Renaissance manager’s fund of hedge funds uses proprietary factor model to identify alpha

Thursday, October 10, 2013

Pacome Breton
Benedicte Gravrand, Opalesque Geneva for New Managers:

Dr Robert Frey, who has been called a maths whizz, has a PhD in applied mathematics from Stony Brook University. One of his hedge fund-related attainments is his time at Jim Simons’ Renaissance Technologies, a large and famous quantitative hedge fund firm – after having run his own hedge fund shop for a while. At Renaissance, he was a Managing Director between 1992 and 2004 and developed the high-frequency Nova fund, which was later merged into Renaissance's Medallion hedge fund. Renaissance’ models had to meet four principles, Dr Frey told The FT in 2010: simplicity, commonality, stability and rationality.

In 2008, Frey and his wife Kathryn B. Frey established the "Frey Family Endowed Chair in Quantitative Finance" in the Department of Applied Mathematics and Statistics at Stony Brook University (where he serves as a Research Professor) with a gift of $1.5m from the Frey Family Foundation, according to HedgeTracker .

FQS (Frey Quantitative Strategies) Capital Partners grew out of the family office to become a fund management house with offices in New York and London at the end of 2009. Ou......................

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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  4. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  5. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with