Old Mutual Asset Managers (UK) is mulling the launch of a new
systematic fund that would combine its existing suite of
quant-based offerings with the aim of expanding the firm's
well-performing hedge fund operation and increasing its
institutional investor penetration.
Under the overall leadership of Paul Simpson, OMAM's
systematic investments team runs three quant-based products:
the $305 million Global Statistical Arbitrage Fund (GSAF), led
by Simpson himself; the Global Equity Absolute Return (GEAR)
equity market-neutral UCITS fund, managed by Ian Heslop; and
the relatively new OMAM Managed Futures Fund.
The global stat arb fund has performed well...