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In the week ending 30 October 2015, Canada Pension Plan Investment Board has invested money with new quant hedge fund Engineers Gate. According to Reuters, New York-based Engineers Gate was formed in early 2014 by Glenn Dubin, who co-founded Highbridge Capital Management, a hedge fund and private equity manager that was sold to JPMorgan Chase & Co. Dubin holds a majority stake in Engineers Gate and is chairman, according to filings with U.S. regulators. The firm's investments are run by a team of portfolio managers, including veterans of quantitative trading strategies at SAC Capital Advisors and Citadel. They have doctorates in subjects such as mathematics and computer science, as opposed to MBAs, a traditional Wall Street degree, according to public biographies.

Meanwhile, data from eVestment showed that investors redeemed $8.1bn in assets in September; and Citigroup reported losing $400m on hedge fund trades in July.

Sean Debow has announced plans to launch a new hedge fund at Asiya Investments Hong Kong that will bet on the rise and fall of stocks in the Asia-Pacific region; and Horseshoe has launched a hedge fund reinsurance platform.

The Lyxor Hedge Fund Index was up 1.1% as of Oct. 20 (-0.7% YTD); Andhe Parker FX Index dropped -0.77% in September (+1.44% YTD).

Crispin Odey’s flagsh......................

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