Ewan Kirk Opalesque Industry Update - Cantab Capital Partners, the systematic global macro manager, has closed its flagship CCP Quantitative strategy to new investors.
The strategy was launched in 2007; it currently manages $4,5 billion in assets.
The strategy was closed because it has grown to optimal capacity, according to Dr Ewan Kirk, CIO and founding partner of Cantab. The strategy is currently at the optimal size for us to continue delivering attractive risk adjusted returns to our investors, he said. Our efforts are focused on sustaining the performance and continuing to produce the returns with limited correlation to other CTAs and asset classes.
Based in Cambridge, England, the home of Cambridge University, Cantab prides itself on its ties to academia, applying the brainpower in its midst to systematic investing. The firms team consists of 37 employees, most of whom are fully dedicated to research and trading.
The CCP Quantitative Fund was launched nearly 6 years ago with just $30 million in assets under management. The strong growth of the firm is due to Cantabs high-quality team, world class technology, robust high-performance models, state-of-the-art risk management, and high levels of liquidity and transparency.
Investor interest in the strategy is testament to Cantabs ability to deliver alpha. The firm implements its investment strategy by constructing a portfolio of multiple models across three broadly uncorrelated sources of return and clusters of models value, medium term momentum and short-term trading.
Dr. Kirk added: We are extremely pleased with the continued support from our investors which, combined with the hard work and dedication of our team, has allowed us to reach this point.