Thu, Oct 28, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

New Geneva equity hedge fund prepares for coming bear markets

Wednesday, January 29, 2020

amb
Julien Stouff
B. G., Opalesque Geneva for New Managers:

Stouff Capital's Urizen fund, launched in September 2018, follows a quantamental strategy, that is, one that combines both a fundamental approach with a quantitative one.

The fund is run by Julien Stouff, who has 25 years of experience in trading and asset management, together with a technology officer and a risk officer. The quantamental strategy makes perfect sense nowadays, he says. Much more than pure quant. And it will be perfect for the times to come.

The problem with quant

Quoting Stanley Druckenmiller (Duquesne Capital) who once said quant funds, who manage $1tln of assets, had muted his signals, and Philippe Jabre, who closed his Jabre Capital hedge fund in 2018 and said that new technologies were making the market more difficult to anticipate, Stouff continues: "our fund is a quantitative fund and we understand perfectly the world of quantitative funds. However, we do not believe in quant. Indeed, the human factor is very important to understand the present and the future. Quant is only good to understand the past. Furthermore, all quant funds have the same model and crowd the market. Now they are all losing money. So adding a fundamental factor will help create returns."

Facts and consensus

Stouff boasts a contrarian view; he will defy consensus if facts do not support it, he says. And to compare bo......................

To view our full article Click here

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. Institutional Investors: Vanderbilt University endowment records 57.1% return for fiscal year, MIT endowment logs 55.5% return for latest fiscal year, AP1 re-tenders $720m emerging markets small-cap mandate, Harvard, world's wealthiest university, sees endowment soar to $53.2bn, San Francisco shifts passive equity mandate to active BlackRock ESG strategy[more]

    Vanderbilt University endowment records 57.1% return for fiscal year From PIonline.com: Vanderbilt University's endowment returned a net 57.1% in the fiscal year ended June 30, according to a financial report on the Nashville, Tenn.-based university. The report did not provide benchma

  2. New Launches: Massar Capital launches new global discretionary strategy, White Oak closes latest direct lending fund at $1.3bn, Aterian replicates speedy fundraise to collect $830m in nine weeks, Sofinnova holds $548m final close for Capital X, Multicoin Capital targets $250m for third crypto VC fund, Tobam launches French bitcoin and blockchain fund[more]

    Massar Capital launches new global discretionary strategy Massar Capital Management has launched a new discretionary macro hedge fund strategy which aims to capitalize on directional trading opportunities across a broad set of global markets. The Massar Macro Directional is the N

  3. How Viking Global became the hedge-fund industry's hottest launch pad[more]

    From Business Insider: Since Dan Sundheim's massively successful launch of D1 Capital in 2018, there have been six more spinoffs from Viking Global that have collectively raised billions - and at least one more is in the works. Among them: Grant Wonders, 31, who launched Voyager Global this ye

  4. PE/VC: Moody's warns of 'systemic risks' in private credit industry, Sequoia to restructure itself away from traditional VC model, Modeling private equity market beta, VC investors pour money into Chinese start-ups despite regulatory crackdown[more]

    Moody's warns of 'systemic risks' in private credit industry From FT: The burgeoning private credit industry of lending to buyout groups has grown to about $1tn, but opacity, eroding standards and the difficulty in trading these slices of debt pose "systemic risks", according to rating

  5. PE/VC: Private equity M&A frenzy has cautious undertones, Venture capital exit values soar, Private equity and venture capital drove outsized returns at Bowdoin, Harvard, and the University of Pennsylvania, Private equity tops explosive tech growth as returns rocket[more]

    Private equity M&A frenzy has cautious undertones From Reuters: Private equity dealmakers are in two minds. Buyout barons, led by titans like Blackstone boss Steve Schwarzman, are on track for a record year for takeovers. Yet they're also offloading companies at a much faster pace than