Sun, Feb 1, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would