Quantitative Investment Management re-opens Global Program flagship, Old Mutual launches global stat arb fund, Swedish Catella launches European hedge fund, Norwegian hedge fund manager to launch extreme volatility hedge fund, Ex-Citigroup MDs to launch Hong Kong fund, Update: Sole hedge fund company based in Malaysia co-seeds AIMS China fund
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Opalesque Exclusive: Quantitative Investment Management re-opens Global Program flagship
On June 1st, Quantitative Investment Management will re-open its flagship offering, the Global Program, to new investments. After closing at the beginning of the year, the Global Program re-opened to existing clients on May 1st, 2007. Significant improvements to execution and strategy, followed by realized strong performance at higher asset levels, led to the decision to re-open the Program.
The Global Program is a managed futures investment program that uses machine learning to profit from market inefficiencies in the most liquid markets in the world. It has gained 10.2% net year-to-date through April 30th. Over its 65 month track record, it has delivered annualized net returns of 19.7% with an annualized volatility of twelve percent. The Global Program’s assets under management are currently $1.03 billion dollars with an anticipated capacity of $2 billion dollars.
One must be a Qualified Eligible Participant as defined by the CFTC in order to invest with QIM. Please visit: Company website
Old Mutual launches global stat arb fund
From HedgeWorld.com: U.K.-based Old Mutual Asset Managers announced this morning [May 21] that it is to launch the Old Mutual Global Statistical Arbitrage Fund at the beginning of June. The new fund will be run by Paul Simpson and John Dow, the same management team in cha...................... To view our full article Click here
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