May
06
Analyst Who Called Indonesia Slump Returns With New Quant Fund
By-
Fund’s quant analysis avoids over 8% rout in Jakarta index
- Rachmat sticks to cash during rout in bonds, equities
The former head of research at PT Mandiri Sekuritas, the brokerage arm of Indonesia’s second-largest lender by assets, teamed up with PT Pinnacle Persada Investama, the first quant-based asset manager in Indonesia, to start an “all-weather” mutual fund that will use quantitative strategies. The Pinnacle Granditas Dynamic Balanced Fund, which started April 11, has already escaped a more than 8 percent rout in the nation’s equities and a spike in bond yields after its models decided to stick to cash, Rachmat says…
Analyst Who Called Indonesia Slump Returns With New Quant Fund
