Aquantum managing director Thomas Morrow is launching a systematic trading fund supported by a host of quantitative trading experts.
Former Winton Capital senior scientist Morrow plans to launch the Ucits-compliant fund in the fourth quarter of the year as part of the company’s new asset management business.
The fund will be supported by Moritz Seibert, previously responsible for Royal Bank of Scotland’s equity structuring business in the Americas, and former Assenagon Group partners Jochen Mirth, Christian Schneider and Oliver Grimm.
Aquantum was set up by Morrow in 2008 and provides systematic investment indices to issuers of structured investments.
Morrow says: “Given the popularity of our indices, the establishment of a full-scale asset management business to directly harness Aquantum’s unique quantitative trading expertise is a natural next step.”
Aquantum’s approach applies advanced mathematical models to various forms of data to exploit market inefficiencies. All models are tested against large number sets to expose them to a wide range of market, economic and political changes.
Bestinvest managing director of business development and communications Jason Hollands says: “This team has strong credentials in developing and managing quant-based strategies, an area where there has been growing demand from institutional investors in recent years.”