•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Benedicte Gravrand, Geneva: Karsten Schroeder, CEO of London-based Amplitude Capital International, has confirmed to Opalesque that his famed quantitative fund has just soft-closed with $500m in AUM. The soft-close had been hinted at in January (coverage.)

The fund The Amplitude strategy trades highly liquid exchange-traded futures including equity indices, foreign exchange and commodities/energies, the fund’s documentation says. The strategy is based on a systematic and fully automated directional program which uses extensive quantitative analysis of real-time price data and sophisticated portfolio methodology to detect ultra-short to short term market trends and reversion. The fund is domiciled in the Caymans and offers $ and € share classes.

The fund returned 9.67% in Q1, 2008, and 46.79% in 2007 (compound return since December 2005 inception at 25.81%). The fund returned 6.16% in March, being its 9th consecutive positive month.

“The reason we are doing this is to work on a controlled growth going forward, to ensure the quality of the program and to maintain a good level of returns,” Mr. Schroeder said. “We need to put the breaks on, so to speak. If you overload this type of high frequency program, returns can suffer q......................

To view our full article Click here