Tue, Jan 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Morgan Stanley and Quantitative Investment Management partner to launch a new UCITS Fund

Thursday, January 17, 2013
Opalesque Industry Update: Morgan Stanley today announced the launch of a new fund under its FundLogic Alternatives plc umbrella. The launch is the second in a series of four CTA strategies to be made available in a UCITS format through Morgan Stanley’s partnership with Equinox Fund Management LLC, a U.S.-based multi-manager, specializing in constructing portfolios comprised of multiple Commodity Trading Advisor The first specialized CTA fund, the MS QTI UCITS Fund, was launched on the 24th of October 2012. Through their collaboration, Morgan Stanley and Equinox are leveraging their respective expertise to provide investors access to leading CTA strategies in a UCITS format.

“We are thrilled about this new collaboration with QIM, the world’s largest non trend following CTA manager, highly regarded for its short to medium-term expertise in managed futures trading program”, commented David Armstrong, Managing Director and Global Head of Fund and Fund- Linked business at Morgan Stanley.

He added: “QIM’s edge lies in its ability to capitalize on market inefficiencies in global equities and futures markets using proprietary statistical learning techniques to deliver outstanding risk- adjusted returns with negligible correlation to both traditional and alternative strategies as demonstrated in their appealing nine-year track record. We believe their numerous quantitative analysis and predictive technologies coupled with their systematic trading models - which use pattern recognition to predict price movements - and robust risk management offers a very unique positioning and set of competences to investors in search of diversification.”

Jaffray Woodriff, Chairman and CEO at QIM, commented: “We look forward to this new venture with Morgan Stanley, whose platform has led the pace with its ambitious plan in the CTA UCITS space. Our staff of thirty-two is dedicated to offering a great experience to investors, and we hope to expand that with this new relationship. Our flagship strategy, the Global Program, attempts to identify a large number of recurrent patterns that exist in the markets and then intelligently combine them for one robust predictive signal per day, per market. We apply sophisticated risk management procedures and continually seek improvements to the models in our trading strategy. We select only those models that prove to be the most statistically significant and conceptually diverse for actual trading, with the hope of providing reliable predictive signals that offer an investment edge and generate significant alpha over time. “

FundLogic is the brand name for Morgan Stanley’s fund solutions platform launched in 2006. It offers both UCITS and non-UCITS funds. The platform delivers fund solutions to clients by combining the financial expertise, innovation and resources of Morgan Stanley, and offers a range of products including passive index funds, structured funds and the more recently launched third party manager-UCITS Funds.

Morgan Stanley

Press Release

BM

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. 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

  2. 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

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r