Tue, Oct 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Epsilon Asset Management bets on activists

Monday, October 30, 2017

Bailey McCann, Opalesque New York for New Managers:

A new hedge fund is using big data to understand the minds of top hedge fund managers and offer investors access to their bets. New York-based Epsilon Asset Management launched this summer with $100 million in initial commitments for three strategies that offer a broad, synthetic exposure to the positions of equities managers.

The Epsilon Activist Strategy identifies activist managers, analyzes the top holdings and creates an all-cap basket of stocks that tracks activist positions. The Epsilon Unconstrained Strategy is an index plus approach based on the Russell 1000, that provides a slightly altered sector tilt in order to capture return above the benchmark. The third fund - Epsilon Sector-Balanced Fund is a liquid alternative fund that tracks the S&P 500, but will try to outperform the benchmark with a significant active share and stock selection based on the firm's data analytics process.

"We have a quantitative approach that uses big data signals to take fundamentally oriented positions in the market. Our strategies are generally low turnover," Epsilon co-founder Faryan Amir-Ghassemi tells New Managers.

Epsilon is led by Adam Lavin, Faryan Amir-Ghassemi, and Michael Perlow. The three men met at Novus Partners, a company that provides data analysis of active managers positions and performance to institutional investors.......................

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. BB&T Securities to bolster alternative investment offerings with CAIS platform[more]

    Laxman Pai, Opalesque Asia: The financial services firm BB&T Securities has selects the financial product marketplace CAIS to expand alternative investment access for advisors. A press release from the wholly owned subsidiary of BB&T Corporation said that with CAIS, it will gain access to pr

  2. Europe: Europeans up interest in unconstrained bond strategies, Generali steps up efforts to build multi-boutique business, Nordea bank in new Russia funds complaint, FCA proposes climate risk reporting duty for asset managers[more]

    Europeans up interest in unconstrained bond strategies Unconstrained bond assets are on the rise. Across both retail and institutional accounts, assets under management in these strategies rose from $153.2 billion in Q2 2013 to $289.7 billion in Q2 2018, for a five-year compound annual

  3. Robert Citrone's discovery cashes in on bearish bets[more]

    From Institutional Investor: The macro hedge fund is riding strong gains since mid-year thanks to savvy wagers against Italian fixed income and other instruments. Macro hedge funds are finally getting a reprieve, between the bond market selloff and overall financial market volatility - two even

  4. Hedge funds at the 'core' of stock slump may be done offloading, Why hedge funds will stick with ever-risky short volatility trades[more]

    Hedge funds at the 'core' of stock slump may be done offloading From Bloomberg: One quantum of solace for bruised stock bulls: Some of the usual suspects behind last week's rout may be done frightening markets. Equity long-short hedge funds are among the worst-performing categori

  5. Investing: Billionaire Leon Cooperman explains how he ended up investing his personal money in pot stocks, U.S. fund investors pull most cash from bonds since February -ICI[more]

    Billionaire Leon Cooperman explains how he ended up investing his personal money in pot stocks From CNBC: Billionaire hedge fund investor Leon Cooperman confirmed to CNBC on Wednesday that he has personal money in the cannabis industry, noting investments in a few young marijuana companie