Nov
09
Quant Hedge Funds Boom in Asia
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New computer-driven funds set to open in Singapore, Hong Kong
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Quants have outperformed China equity hedge funds this year
More Asian hedge funds are starting computer-driven strategies, as investors disappointed by the poor performance of some traditional funds search for better returns.
In Singapore, $2 billion multi-family office Thirdrock Group has launched a quant fund, and Lucerne Investment Partners is considering starting one next year. Charles Wang, a former portfolio manager at Bosera Asset Management, is about to launch a vehicle on OP Investment Management’s platform in Hong Kong, where Hantak Investment Advisors plans to next year open a version of the quantitative fund it runs out of Beijing…