Sun, Jul 21, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Typhon Capital Management launches quant trading program

Wednesday, June 26, 2019
Opalesque Industry Update - Typhon Capital Management announced today Roberto Vernazza and his Mercurio Quantitative Program have joined the firm. Mr. Vernazza is Typhon's first dedicated Quant portfolio manager under the team of François Moreau, Head of Quantitative Trading, and Cris Doloc, Ph.D., Chief Technology Officer.

The July launch of Mercurio is a strategic addition to Typhon's decade-old modular multi-strategy platform. Mr. Vernazza's methodology has a four-year track-record and will bring Typhon's assets under management to over $100 million.

James Koutoulas, Founder and Chief Executive said, "We're incredibly excited to welcome Roberto aboard whilst expanding into the U.K. Roberto's experience in mid-frequency systematic trading is a robust complement to our current sector specialists in discretionary commodities, systematic derivatives, and crypto."

The Mercurio Quantitative Program trades 60 futures markets across asset classes and is fully systematic, from signal generation to execution, with a portfolio of signals including mean-reversion, trend-following and breakouts. Holding periods range from minutes to 4 days in the program. Typhon is offering 50M of capacity in Mercurio separately managed accounts, with preference given to its existing clients and exchange members, then plans to launch a fund at 1.5x exposure in the fall.

"I am delighted to offer my program to external investors after years of intense work using my own proprietary capital. Joining Typhon will enable me to focus on research and trading, whilst the rest of the crew takes care of everything in the background," Vernazza added. I look forward to meeting some of Typhon's clients at the 1 July Tactical Trading Investor Forum."

"We welcome Roberto and are eager to deploy his fully automated methodology which has delivered high risk-adjusted returns, particularly when markets are volatile. I have interviewed more than 500 systematic traders over the years and Roberto stands out as a no-nonsense trader who brings a wealth of experience of market micro-structure and risk management," said François Moreau.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Crypto: U.S. market regulator issues guidance on custody of digital asset securities, Bitcoin's stunning growth makes it investable, admits legendary hedge fund manager, Institutional investments rise with bitcoin volatility. Wait, what?, Can blockchain build a better bank? Experts weigh in - The Ledger, Cryptocurrency startups get partial green light from Washington, Facebook's Libra cryptocurrency faces more backlash, China's central bank developing own digital currency in response to Libra[more]

    U.S. market regulator issues guidance on custody of digital asset securities From Reuters: The U.S. Securities and Exchange Commission (SEC) on Monday issued a notice on broker-dealer custody of digital asset securities, amid industry requests for clarity on whether they can hold such a

  2. PE/VC: Burger King in China and Turkey attracts private equity buyers, China's VC market is said to enter a downturn, VC industry makes slow progress on diversity[more]

    Burger King in China and Turkey attracts private equity buyers From Finance Asia: The world's largest franchisee of the fast-food chain outside the US is on the block. One wealthy Turkish family holds the key to a successful sale. Burger King is back up for sale in China and Turkey

  3. Hedge funds post best first half in decade, Viking Global funds surge, Blue Harbour's double windfall[more]

    Hedge funds post best first half in decade From Bloomberg: Hedge funds reported the best first half since 2009 as equity managers capitalized on the surge in stocks. Funds rose 5.7% from January through June, according to Hedge Fund Research Inc.'s asset-weighted index of managers. Equi

  4. Private real estate fundraising nosedives in 2Q 2019, hitting a five-year low[more]

    Laxman Pai, Opalesque Asia: Private real estate fundraising decreased significantly in Q2 2019 from the previous quarter, hitting a five-year low, Preqin said in its quarterly update on real estate. Forty-seven funds reached a final close, raising just $29bn, which marks a sharp decrease fro

  5. Regulatory: SEC reforms open door to BDC market shakeup, Regulatory rollback: First set of Volcker Rule reforms finalized[more]

    SEC reforms open door to BDC market shakeup From Reuters: The US Securities and Exchange Commission's (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market. Under the existing guidelines, regulated funds are prohibited from