Fri, Mar 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

GSB Podium Advisors LLC has launched the GSB Equity Market Neutral Fund as UCITS fund on the Alpha UCITS platform

Monday, March 19, 2012
Opalesque Industry Update: GSB Podium Advisors has launched a global equity statistical arbitrage UCITS fund, the GSB Equity Market Neutral (UCITS) Fund. The strategy is a market neutral equity long/short fund and uses share price meanreversion and price momentum based trading across a universe of more than 3,000 stocks globally. The portfolio is geographically diversified, with positions in the US, Europe and Asia-Pacific markets. The UCITS fund offers daily liquidity. The GSB strategy has historically demonstrated low correlation with the equity markets, with other quantitative equity strategies and with hedge funds in general.

Mr. Shengbei Guo, founder of New-York based GSB Podium Advisors, ran Deutsche Bank’s equity statistical arbitrage trading desk from 1997 to 2005. He managed the same strategy for the Deutsche Bank Noetic Equity Long/Short Fund from 2005 to 2008. At its peak the strategy had more than $600m of assets under management. After a short stint as CIO at Galleon Quantitative Management running the Galleon Quantitative Statistical Arbitrage Fund, Guo decided to launch his own alternative investment management firm in 2010, GSB Podium Advisors.

The strategy has returned on average 8.77% per year from January 2005 until February 2012, for a standard deviation of 6.48% per year. It returned +2.47% net in 2011 and is up 5.02% YTD per the end of February. The UCITS fund will trade pari passu with the other GSB vehicles.

Mr. Guo commented: "We are very excited about the launch of the GSB Equity Market Neutral Fund, making our flagship strategy available to UCITS investors. Our fund tries to offer investors consistent returns with low correlations to equity markets and other hedge fund strategies. We believe that both trending and volatile market conditions may offer good trading opportunities for our strategy. "

Alpha UCITS

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He