Tue, Apr 7, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Quantology Absolute Return bucks the trend with a positive start to the year

Monday, March 02, 2020

Bailey McCann, Opalesque New York:

Paris-based hedge fund Quantology looks to finish February in positive territory, beating many of its peers as equities drop on coronavirus fears.

Quantology Absolute Return is a quantitative long/short equity market neutral fund. The strategy is led by Julien Messias and invests in a global basket of equities. The strategy is up + 2.2% in year to date and + 2.8% over 12 rolling months. Annualized performance for the fund, which launched in 2017, is 1.30%.

Quantology's performance is notable in a week where equities saw their worst losses since 2008. In Europe, Britain's FTSE 100 fell more than 3 percent and the Dax in Germany fell more than 4 percent. The S&P 500 ended the week down 11.5%.

In a statement released on Friday, US Federal Reserve Chair Jerome H. Powell indicated that central banks were watching markets closely and noted that the Fed would "use its tools" to respond if necessary. Many managers are now pricing in the potential for 2-3 interest rate cuts in the US in 2020. The European Central Bank will also keep rates low and is likely to increase pressure on member states to consider fiscal policy responses.

In an email to investors reviewed by Opalesque, Quantology chalked the positive performance up to uncorrelated investments in the portfolio. 2020's performance builds on positive momentum from 2019 the fund was up 0.02% in a year when many equity market neutral funds ended flat to negative. Accord......................

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. Investing: Ray Dalio's Bridgewater scales down European short bets after $3.2bn windfall, Here's what top hedge funds are buying in the coronavirus stock market crash[more]

    Ray Dalio's Bridgewater scales down European short bets after $3.2bn windfall From Financial News: Bridgewater Associates, the world's biggest hedge fund, has retreated from shorting European stocks after making an estimated €2.9bn ($3.2bn), as its founder and co-chairman Ray Dalio c

  2. Bill Ackman writes letter to shareholders on coronavirus[more]

    Pershing Square Holdings (PSH)'s Bill Ackman wrote a letter to investors outlining his insight on the coronavirus pandemic in the United States. He revealed that PSH completed the process of exiting the hedges on 23 March, netting a gross $2.1bn for PSH, after turning 'increasingly positive on equit

  3. New Launches: LGPS Central sets up investment grade bond fund, Leeds Equity Advisors aims to raise $1bn for PE fund, RLI Investors to launch European last-mile logistics fund, DBL Partners IV targets $450m[more]

    LGPS Central sets up investment grade bond fund From IPE: LGPS Central, the asset pooling vehicle for eight local government pension schemes (LGPS) based in England's Midlands, has launched a global investment grade corporate bond fund in order to meet its partner funds' needs. The po

  4. Investing: Marathon sees cheap assets amid dislocation in credit, Deerfield's health care buying spree, It's time to buy shares again, says BlackRock, Credit Suisse, Fed is buying credit ETFs but one hedge fund is shorting them[more]

    Marathon sees cheap assets amid dislocation in credit From Bloomberg: Distressed-investment specialist Marathon Asset Management is buying beaten-up debt amid the greatest dislocation in credit markets since 2008, according to Bruce Richards, co-founder and chief investment officer of the

  5. People: Carlyle picks 2 deputy heads for Japan buyout advisory team, Ex-Kleinwort Hambros adviser takes senior role at multi-family office boutique[more]

    Carlyle picks 2 deputy heads for Japan buyout advisory team From PIonline.com: Takaomi Tomioka and Hiroyuki Otsuka were named deputy heads of the Japan buyout advisory team at Carlyle Group. The positions are new, confirmed a spokeswoman for the New York-based private markets investment g