Simpson and Dow have been managing stat arb strategies
together for the past 10 years
Twenty-five years ago Yorkshire-born Paul Simpson, the
co-manager of the Old Mutual Global Statistical Arbitrage Fund,
was working as a police officer during the UK's bitter and
violent miners' strike. So he knows all about pressure.
"This is far less stressful," he says with a smile. "However
bad it all gets, at least you won't have people trying to
If the fund's decent performance continues, investors are
unlikely to be firing anything more offensive than a note of
congratulation in his direction. Since the fund's inception in
May 2007, Simpson and his...