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Quantumrock's flagship strategy closes the first quarter with +2.77 %

Wednesday, April 14, 2021
Opalesque Industry Update - Quantumrock, the AI driven investment manager, announced that its absolute return strategy, Volatility Special Opportunities Program (VSOP), has closed the first quarter of 2021 up 2.77%.

The volatility strategies contributed with +1.79%, profiting mostly from the volatility spike in late February. Autocorrelation strategies on the S&P 500 and US Treasuries contributed with +0.98%.

Michael Zeller, CIO of Quantumrock commented on the fund's recent performance: "The first quarter of the year was dominated by rising bond yields and a value-led equity market rally. The two key drivers of this performance were the Democratic victory in the US state of Georgia at the start of the year, paving the way for massive further US fiscal stimulus, and the success of the vaccine rollout in the US. The rise in bond yields has been closely correlated with significant outperformance for financials and value stocks. Value stocks are up +9.8% year to date compared with +0.3% for growth stocks.

"The positive performance of VSOP this quarter reflects that our strategies' tail hedging capabilities through situative long VIX exposure are performing well."

Quantumrock's Volatility Special Opportunities Program (VSOP) is an Equity Tail Hedge strategy. Applying a systematic approach, the strategy's objective is to predict and capture volatility spikes induced by downturns in equity markets and to (over-) compensate potential losses, while also seeking alpha in bullish market phases.

Quantumrock is in the panel of Opalesque Webinar: Small Managers - Big Alpha

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