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Laxman Pai, Opalesque Asia:

The alternative investment multi-manager platform Cinctive Capital Management announced the addition of new global long/short quantitative trading capabilities.

The New York-headquartered investment management company that specializes in equity strategies said in a media release that the strategy will be overseen by Thong Nguyen, founder, and Chief Investment Officer of Olympiad Research.

In conjunction with the announcement, Olympiad Research entered into a multi-year exclusive agreement with Cinctive, it added.

"As Cinctive approaches its fourth year, the addition of this new strategy complements and further diversifies the solutions that Cinctive provides to investors. The firm has steadily grown since its launch in September 2019, beginning with a focus on fundamental global equity investments and adding a macro strategy last summer run by veteran Giles Coppel," the release said.

"Thong and his team are a strong complement to Cinctive as we continue to build out our platform in seeking uncorrelated results and diversification for our investors," said Rich Schimel, Co-Founder, and Co-Chief Investment Officer of Cinctive. "Thong is a brilliant portfolio manager with innovative research skills and we look forward to a long and productive partnership with him."

Thong Nguyen said: "Cinctive has built an impressive multi-manager platform with a uniquely collaborative and research-focused culture. I am excited to partner with t......................

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