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New York-based Quest Partners LLC reported that as of December 11, 2008, the AlphaQuest Original program was up over +53% net year-to-date vs. -40% for the SP500 index. Since inception in May 1999, the strategy is up a total of +380% (+17.7% annualized) vs. -33% for the SP500 over the same period.
The Original Program is a technical investment strategy that trades futures and FX markets world-wide; it relies purely on price action rather than on fundamental information to generate trade signals. The program is 100% computer-model driven.
Different trading models are implemented with average holding time-frames between several hours to over one month. The program is available both in fund and managed account formats. The managed account format provides full transparency and daily liquidity.
Quest Partners has $100m under management, of which $28m are allocated to the AlphaQuest Original program.
Quest Partners sent Opalesque Nigol Koulajian (portfolio manager)’s commentary:
A silent confiscation of wealth
“In the absence of the gold standard, there is no way to protect savings from confiscation
through inflation. There is no safe store of value. If there were, the government would have to
make its holding illegal, as was done in the case of gold. If everyone decided, for example, to
convert all his bank deposits to silver or copper or any other good, and thereafter declined to
accept checks as payment for goods, bank deposits wou...................... To view our full article Click here
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